1898 Airline Dr Bossier City, LA 71112

This exceptional investment opportunity presents a fee-simple, two-tenant retail building in Bossier City, Louisiana. The property, totaling 4,660 square feet, sits on a 0.77-acre lot and boasts a 100% occupancy rate, anchored by a credit-rated Valvoline Instant Oil Change. The absolute NNN lease features a 1.5% annual rent increase and four 5-year renewal options, ensuring long-term stability. With a current NOI of $78,102 and a cap rate of 7.05%, this property offers a compelling return on investment. The lease commenced January 31, 2017, and expires January 30, 2027, leaving approximately 3.6 years remaining. The asking price is $1,107,455, translating to $237.65 per square foot. Located at 1898 Airline Drive, this Class B property benefits from its high-traffic corner location near Interstate 20. The building consists of two one-story structures. This is a rare opportunity to acquire a well-performing, multi-tenant retail asset with a strong national tenant in a prime location. The property's APN is 1813275P2.