$138.31 Per Sq Foot $8,800 est/mo Sourced by Back At You

9200 Wallace Lake Road,Shreveport, LA 71106

Shreveport LA, 71106

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Description

Two buildings - 9200 Wallace Lake (Salon) and 9210 Wallace Lake (Retail with tenant). Three bedroom, two bathroom apartment on the second floor of Salon that could easily be leased out as well. Great lease income from the salon and apartment but there is also a lease with Lamar for the billboard on the property. Three times a year a small part of the parking lot is leased out for fireworks or Christmas tree sales. 5 year lease on Salon (NNN) with a cap rate of over 10%. Possible 5 year lease on retail building (NNN) with a cap rate of over 10%. Outstanding location and investment opportunity.

Details

MLS#20610643
Listing TypeFor Sale
StyleOther Business Opportunity
Sub-TypeResale
StatusActive
Year2013
Days On Site15
Listing Provided ByPinnacle Realty Advisors | Mike Moore

Features

SQ Feet11,205
Story(s)2
Units2
ZoningC-3
Acreage1.05

Market Activity 71106

All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.

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Listings Checked: 7 minutes ago
StateLA
CountyCaddo
CityShreveport
Zip Code71106
AreaCaddo
Community NamePippin
Listing VS Median (in Pippin)
Price:
$1,549,800
low | high
Med:
$1,499,500
53.245580074848% of Average
SqFt:
11,205
low | high
Med:
9,428
65.863453815261% of Average
$ / SqFt:
$138
low | high
Med:
$164
31.518526109631% of Average
On Site:
15
low | high
Med:
40
37.5% of Average
Sourced by Back At You
Listing Updated: May 8, 2024 at 12:31:34 AM PDT