Overview

Description

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 8,881 SF, vacant medical office property located in Shreveport, Lousiana. The property is zoned C-1 Neighborhood Commercial, providing for a wide range of commercial uses. These areas are intended to accommodate local non-residential uses that predominantly serve the needs of the nearby residential neighborhoods and are similar in character of the surrounding residential neighborhood. Residential dwelling units are allowed above the ground floor within this zoning area.

The subject property is strategically located nearby State Highway 3132, averaging 53,900 vehicles passing by daily. The asset is a quick a 15-minute drive into downtown Shreveport, making this an ideal, centralized location with easy commutes for both employees and customers. The property benefits from nearby on/off ramp access onto U.S. Highway 171 (37,700 VPD), a major north/south traveling interstate. The asset is ideally located within a dense retail corridor with numerous surrounding national/credit tenants including a Walmart Supercenter, The Home Depot, Lowe’s Home Improvement, Dollar Tree, Family Dollar, among many more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. Furthermore, the medical office property is near Willis-Knighton South & the Center for Women’s Health, a major local hospital in Shreveport with more than 775 beds. The 5-mile trade area is supported by over 96,200 residents and 50,000 daytime employees, with a healthy annual average household income of $73,111.

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