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4923 Monkhouse Dr
Shreveport, LA 71109

$1,620,000 USD

Freestanding For Sale  •  8,320 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 8,320 SF
  • Lot Size 1.12 AC
  • Building Class B
  • Year Built 2015
  • Tenancy Single
  • Zoning B-3
0 Transit Score
32 Walk Score

Highlights

Rare ABSOLUTE NNN lease with almost 7 years remaining in the initial term with 6 five-year renewal options
Competitively priced at a 7.2% cap rate with a blended average cap rate of 7.7% after the upcoming April 2026 rent increase
Attractive upgraded stucco façade on a large, 1+ acre corner parcel
Shreveport is the 3rd largest city in LA with a 5-mile population of over 91,000 and average household income just under $60K
Strong corporate guarantor, Family Dollar, a subsidiary of Dollar Tree with a BBB- investment grade rating. Louisiana License #: 0095683059

Property Flyers

Amenities

  • Bus Line
  • Corner Lot
  • Signage
  • Monument Signage

Public Transportation

AirportDriveWalkDistance
Shreveport Regional 12 min - 3.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Nancy Miller 678-613-7327 Bull Realty Inc.
Nancy Miller 678-613-7327 Bull Realty Inc.