Income Producing Corporate Complex

Office for Sale
Also listed as Industrial, Special Purpose
Catylist Listing ID: 29843009
Property Subtypes: Mixed Use, Flex Space, Office Building, Other
Building Size (RSF): 48,701 SF
Gross Land Area: 4.15 Acres
Sale Price: $3,200,000
Unit Price: $65.71 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2017

Overview / Comments

Income Producing Property Available w/ Available Lease Space

Location:
Entry on E. Washington St. with frontage on busy Youre Dr.; easy access to Youree Dr., Kings Hwy., Shreveport-Barksdale Hwy.; minutes from Downtown and I-20, I-49, and Barksdale Air Force Base in Bossier City.

Property:
4.15± acres with 2 access drives on E. Washington St.; 3 buildings: office & garage/flex building, gymnasium/flex building, office & warehouse building; Zoned B-2E and B-3.

Main Office Building (7,900± SF office for lease; 8,000± SF flex space for lease):
20,000± SF office/flex building fronting Youree Dr.; 12,000± SF bi-level office space with 6 restrooms (including 1 handicapped restroom and 1 full private restroom with steam shower), a mail room, lots of storage space, 1 full kitchen (1st floor), 1 kitchenette (2nd floor); 8,000± SF climate-controlled garage/flex space on ground floor includes 1 grade level overhead door, 1 office/kitchenette, 2 restrooms, and 1 storage closet; potential for many different uses; building secured by magnetic entry and video surveillance; Zoned B-2E and B-3.

Space Available For Lease:
3,800± SF office space available (divisible) on 1st floor: flexible floor plan, 3 restrooms; 8,000± SF flex space available on ground floor: includes (1) grade level overhead door, a large office, and 2 restrooms; adjustable floor plan; office space can be combined with flex space; see agent for additional information.

Office/Warehouse Building (fully leased):
15,040± SF office/warehouse with fenced and gated surplus yard; 2,770± SF upstairs office space with 2 restrooms, 1 full kitchen/breakroom; 2,770± SF downstairs shop space includes 2 restrooms and a vault room; 9,500± SF climate-controlled warehouse, fully insulated, includes 1 grade level overhead door, 18’ clear height; building secured by magnetic entry and video surveillance; Zoned B-2E.

Gymnasium/Flex Building (fully leased):
13,661± SF gym/flex building; 11,101± SF gymnasium with full-sized basketball court; 1,280± SF first floor includes 2 offices and men’s and women’s locker rooms with showers and restrooms; 1,280± SF mezzanine fully furnished with state-of-the-art workout equipment; building secured by magnetic entry; Zoned B-2E.

Attachments & Media

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Taxing Authority: Caddo Parish; City of Shreveport
Tax ID/APN: 171305-73-63; 171305-74-85; 171305-87-17
Zoning: B-2E ; B-3
Side of Street: Northwest
Road Type: Paved, Highway
Property Visibility: Excellent
Transportation: Bus, Highway, Taxi, Other
Highway Access: Hwy 1; I-49; I-20
Site Description: Property: 4.15± acres with 2 access drives on E. Washington St.; 3 buildings: office & garage/flex building, gymnasium/flex building, office & warehouse building; Zoned B-2E and B-3. Main Office Building (3,800± SF office for lease; 8,000± SF flex space for lease): 20,000± SF office/flex building fronting Youree Dr.; 12,000± SF bi-level office space with 6 restrooms (including 1 handicapped restroom and 1 full private restroom with steam shower), a mail room, lots of storage space, 1 full kitchen (1st floor), 1 kitchenette (2nd floor); 8,000± SF climate-controlled garage/flex space on ground floor includes 1 grade level overhead door, 1 office/kitchenette, 2 restrooms, and 1 storage closet; potential for many different uses; building secured by magnetic entry and video surveillance; Zoned B-2E and B-3. Space Available For Lease: 3,800± SF office space available (divisible) on 1st floor: flexible floor plan, 3 restrooms; 8,000± SF flex space available on ground floor: includes (1) grade level overhead door, a large office, and 2 restrooms; adjustable floor plan; office space can be combined with flex space; see agent for additional information. Office/Warehouse Building (fully leased): 15,040± SF office/warehouse with fenced and gated surplus yard; 2,770± SF upstairs office space with 2 restrooms, 1 full kitchen/breakroom; 2,770± SF downstairs shop space includes 2 restrooms and a vault room; 9,500± SF climate-controlled warehouse, fully insulated, includes 1 grade level overhead door, 18’ clear height; building secured by magnetic entry and video surveillance; Zoned B-2E. Gymnasium/Flex Building (fully leased): 13,661± SF gym/flex building; 11,101± SF gymnasium with full-sized basketball court; 1,280± SF first floor includes 2 offices and men’s and women’s locker rooms with showers and restrooms; 1,280± SF mezzanine fully furnished with state-of-the-art workout equipment; building secured by magnetic entry; Zoned B-2E.
Area Description: Entry on E. Washington St. with frontage on busy Youre Dr.; easy access to Youree Dr., Kings Hwy., Shreveport-Barksdale Hwy.; minutes from Downtown and I-20, I-49, and Barksdale Air Force Base in Bossier City.
Total Number of Buildings: 3
Number of Stories: 2
Year Renovated: 2013
Roof Type: Flat
Construction/Siding: Brick, Steel Frame, Stucco
Parking Type: Structure, Surface
Parking Description: Concrete paved and marked parking
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Zoning Description: B-2E; B-3
Lot Frontage: 285
Lot Depth: 630
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,374 77,967 178,545
Median Age: 33.37 35.78 34.78
Households: 6,473 33,561 72,164

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