For Sale
$1,620,000
4923 Monkhouse Dr Shreveport, LA 71109
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Rare absolute NNN Family Dollar lease; ~7 years remaining initial term, 6 five-year options.
- 7.2% cap rate; blended cap rate over 7.7% post-April 2026 rent increase.
- Attractive stucco façade; 1+ acre corner lot.
- High-traffic location off I-20; over 65,000 VPD.
- Strong surrounding demographics; major hotels, retailers, Barksdale AFB, universities, and casinos nearby.
- Shreveport, LA: 3rd largest city; 5-mile population over 91,000; average household income nearly $60,000.
Property Details for 4923 Monkhouse Dr
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 8,320 SF
- Year Built
- 2015
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 48,787 SF
Location Insight
- City
- Shreveport
- County
- Caddo Parish
- State
- Louisiana
- Latitude
- 32.463435148172
- Longitude
- -93.826797708925
Nearby Similar for Sale
FAQs
- Where is the retail property located?
- The property is located at 4923 Monkhouse Dr Shreveport, LA.
- What is the asking price?
- The asking price for this property is $1,620,000.
- What are key features of this property?
- This property features: Rare absolute NNN Family Dollar lease; ~7 years remaining initial term, 6 five-year options.; 7.2% cap rate; blended cap rate over 7.7% post-April 2026 rent increase.; Attractive stucco façade; 1+ acre corner lot.
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