Asking Price S$1,070,000
Sq. Footage 10,045
NOI Net Operating Income S$90,970
Cap Rate 8.50%

Attributes

Year Built N/A
Lease Type NN
Current / Passing Rent S$90,970
Lease Expiration 2023-12-31
Tenant Family Dollar Store, Incorporated
Guarantor DOLLAR TREE STORES, Incorporated

Property Description

Situated less than two miles south of downtown in the centrally located Highland-Stoner Hill area of Shreveport, the Asset has prominent visibility with 150 feet of frontage along Kings Highway (20,000 VPD). The Property belongs to a thriving Kings Highway retail corridor that includes nearby high-traffic tenants like Brookshire’s Food & Pharmacy across the street, in addition to Mall St. Vincent a half mile down the road. Other nearby value drivers providing a substantial customer base include the neighboring C.E. Byrd High School with over 2,000 students and Ochsner LSU Health Shreveport medical district less than a mile down Kings Highway.

Investment Highlights

·       Investment Grade Tenancy

·       Net Lease Structure with Two Renewal Options

·       Strong Surrounding Trade Area

·       Premium Accessibility to Traffic

·       Proximity to Significant Value Drivers

Jordan Uttal
Jordan Uttal
VP, Capital Markets
Licensed in
CA - 1856260
John Woodcock
John Woodcock
Associate, Capital Markets
Licensed in
CA - 02046050

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