For Sale
$1,900,000

8932 Jewella AveShreveport, LA 71118

Fully Leased, Two National Tenants

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional investment opportunity: a fully leased, Class B medical and traditional office building in Shreveport, Louisiana. This 20,205 square foot property boasts two national tenants under net leases, ensuring consistent cash flow. Suite A, comprising 14,060 square feet, is leased through May 2027, currently in its initial five-year term. Suite B, encompassing 6,145 square feet, is in its second five-year lease term, expiring February 2026. The property enjoys a prime location in southwest Shreveport, just one block south of the Inner Loop (Highway 3132), providing convenient access to I-49 and I-20. The asking price is $1,900,000, representing a compelling $94.04 per square foot and an attractive 8.77% cap rate. The property is zoned C-UV and features a 100% occupancy rate. This is a rare opportunity to acquire a stable, high-performing investment property with long-term lease agreements in place. The property's former life as a big-box store has been successfully transformed into a modern, multi-tenant office space. The APN is 171433029000100.

Property Details for 8932 Jewella Ave

Property type
Office properties, Medical offices
Square Feet
20,205 SF
Class
B
Units
2

Location Insight

City
Shreveport
County
Caddo Parish
State
Louisiana
Latitude
32.4145418
Longitude
-93.7982077
8932 Jewella Ave, Shreveport, Louisiana

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8932 Jewella Ave
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