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6596 & 6590 Youree Drive
Shreveport, LA 71105

$6,600,000 USD

Storefront For Sale  •  29,000 SF

Property Details

• Property Type Storefront
• Total Building Size 29,000 SF
• Lot Size 2.73 AC
• Year Built 1997
• Cap Rate 7.25 %
• Tenancy Multiple

0 Transit Score

65 Walk Score

Highlights

High Yield (7.25% Cap Rate) & Low Cost Per Square Foot Opportunity ($227.59 PSF)

Both Tenants Feature Low Rents Providing Future Security to New Investors

100% Leased Asset With 6+ Years Remaining on Current Lease Term With Both Tenants

Each Tenant Exercised Their Options Early Demonstrating Confidence in the Location

Strong Rental Increases of 10% at the Option Periods, Providing Hedge For Inflation

Seller to Deliver Property With Brand New Roof - Reducing Potential Near Term Capital Expenditures For New Investor

Cap Rate:

7.25 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Boot Barn	11,000 SF	11/30/2030
Petco	18,000 SF	9/30/2030

Public Transportation

Airport	Drive	Walk	Distance
Shreveport Regional	16 min	-	6.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	65
Type:	Surface
Included in Rent:	Yes