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NNN Walgreens - Shreveport, LA

$4,058,824

3100 North Market Street, Shreveport, LA 71107

Active
Last Updated: 02/28/2025

8.5

Cap Rate

345,000

NOI

Details:
Cap Rate:    8.5%
NOI:    $345,000
Building Size:    14,800 sqft
Lot Area:    1.68 acres
Occupancy:    100%
Lease Type:    Triple Net
Year Built:    2005
Tenancy:    Single
Parking Spots:    75
Lease Expire Year:    05/31/2030
Description:

*Initial 25-year absolute NNN lease Corporate Backed Lease with approx. 5 years remaining in initial term
*Guaranteed by Walgreens Boot Alliance Inc. (NYSE: WBA)
*Located along N Market Street / US-71, a major thoroughfare running through Shreveport, providing a key connection between downtown and northern Louisiana
*Caddo Parish average household income exceeds $92,342 within a 1- mile radius of site
*Excellent visibility with over 38,352 Vehicles Per Day on N Market Street
*Population over 49,934+ within 5 miles
*Located 2 miles away, Amazon recently opened its most advanced fulfillment center to date with state-of-the-art robotics and AI. The facility spans over 3 million SF, employing more than 2,500 workers when fully operational
*Conveniently located 3.5 miles from Downtown Shreveport and less than 1 mile to Interstate 20 and Interstate 49

**This property is listed in conjunction with Louisiana licensed Benjamin Stalter, CCIM - MAESTRI-MURRELL, INC

Map:
Documents:
Title
Walgreens_Shreveport__LA_-_Flyer.pdf
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Location
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