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8000 US-80
Shreveport, LA 71119

$3,840,000 USD

Auto Repair For Sale  •  20,660 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 20,660 SF
  • Lot Size 20 AC
  • Year Built 2000
  • Cap Rate 6.25 %
  • Tenancy Single
0 Transit Score
1 Walk Score

Highlights

The Greater Shreveport-Bossier ("GSB") Auto Auction is Operated By America's Auto Auction, Which Manages 39 Auction States
America's Auto Auction is a Portfolio Company of Brightstar Capital Partners; Who Currently Have $4.2B in Total AUM
The Tenant is Currently Paying $1,000 Per Acre Per Month Which is Well Below the Current Market Rent For the IOS Sector of Nearly $3,000 Per Acre/Mo
The Tenant Operates Under an Initial 20-Year Absolute NNN Lease Structure at the Property; Leaving No Responsibilities to the Landlord
The Property Enjoys Quick Access to I-20 and I-49 Which Provides Access to All Major US Markets Within a 40-Hour Drive Time
The Property is Surrounded By National Logistics and Distribution Operators Like Hyundai Glovis; Averitt; Old Dominion Freight Line; R+L Carriers etc
Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
America's Auto Auction 20,660 SF 8/31/2041

Public Transportation

AirportDriveWalkDistance
Shreveport Regional 19 min - 9.2 mi
Stratton Greig 512-910-2665 Sands Investment Group Austin, LLC
Stratton Greig 512-910-2665 Sands Investment Group Austin, LLC