For Sale
$2,000,000

2525 Youree DrShreveport, LA 71104

High-yield investment, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a fully leased, single-story office building situated at 2525 Youree Dr, Shreveport, LA 71104. The 22,760 square foot building sits on an 84,509 square foot lot and is zoned C-3. Currently boasting a 100% occupancy rate, the property generates a strong net operating income (NOI) of $160,000, resulting in an attractive 8.00% capitalization rate. The asking price is $2,000,000, translating to a price per square foot of $87.87. The building's primary tenant is the State of Louisiana Probation and Parole office, occupying 18,440 square feet under a new 7-year lease in a space custom-designed to their specifications. An additional 4,320 square feet is leased to GEO Reentry Services. The lease type is gross, and tenant credit is rated. This property offers a compelling combination of strong cash flow, long-term lease stability, and a prime location in Shreveport, Caddo Parish. The building's single-story design and substantial lot size provide further investment potential.

Property Details for 2525 Youree Dr

Property type
Office properties
Square Feet
22,760 SF
Stories
1

Location Insight

City
Shreveport
County
Caddo Parish
State
Louisiana
Latitude
32.48741227832
Longitude
-93.723980069393
2525 Youree Dr, Shreveport, Louisiana

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2525 Youree Dr
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