North Shreveport Investment Property

Industrial for Sale
Catylist Listing ID: 29884809
Property Subtypes: Flex Space, Light Industrial, Other
Building Size (RSF): 12,000 SF
Gross Land Area: 47,916 SF
Sale Price: $425,000
Unit Price: $35.42 PSF
Ceiling: 10 ft. / 14 ft. Clear
Docks/Doors: 4 Doors
Office SF: 800 SF
Drive In Bays: 4 Bays
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/29/2017

Overview / Comments

These are 3 single story buildings that are 4,000 sq. ft. Each building features approx. 800 sq. ft. of office space and 3,200 sq. ft. of warehouse space. Built in 1985, these properties includes 2 offices, 2 bathrooms, a reception area, and a warehouse with one 10’ x 10’ grade-level overhead door. 1902 North Hearne has 400 amp 3 phase electricity, 1904 North Hearne has 2 10'x10' grade level doors and 1906 North Hearne is fully heated and cooled,

These buildings gross $1750.00 per month but have garnered up to $7500.00 a month in the past. Owner is responsible for property taxes and insurance. Financials and tenant mix is available upon request.

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Zoning: I-2
Property Located Between: North Market and Aero Drive
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Typical SF / Floor: 4,000 SF
Property Condition: Excellent
Year Built: 1985
Year Renovated: 2013
Construction/Siding: Steel Frame
Parking Type: Surface
Eave Height: 10
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Lighting: Fluorescent
Internet Access: Cable, DSL, T1/T3
Zoning Description: 1-2
Lot Frontage: 200 ft
Lot Depth: 100ft-200ft
Water Service: Municipal
Sewer Type: Septic
Easements: Electric Lines
Easements Description: Swepco to the rear of back fence but still on the property.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,721 35,302 123,437
Median Age: 28.3 37.69 34.66
Households: 1,148 13,989 50,244

Contact

Photograph of Listing Agent

John B Atkins

Atkins Real Estate Services, LLC Shreveport, LA 71104
Not a member of MCAR CIE
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