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200 John Wesley Blvd
Bossier City, LA 71112
Northern Tool + Equipment - Corp Guarantee · Retail Property For Sale
Investment Highlights
- 9+ Years Remaining on Lease with Corporate Guaranty by Northern Tool + Equipment
- 107,252 Residents within a 5-Mile Radius - Growing Trade Area in the Shreveport MSA
- Surrounded by National Retailers: Harbor Freight, JCPenney, McDonalds, Texas Roadhouse, and More
- 2% Annual Rental Increases with Multiple Renewal Options
- Excellent Freeway Visibility, Situated Immediately Off Interstate 20 (±77,100 Cars per Day), a Major Connector for Northern Louisiana
- Minutes from Barksdale Air Force Base, the Region’s Largest Employer
Executive Summary
Northern Tool + Equipment is an industry leader, offering a wide selection of products, from consumer goods to industrial and construction equipment. With over 120 store locations across more than 20 states, Northern Tool has a strong retail presence in the U.S. Northern Tool reaches an even wider audience through year-round catalog offerings, a website packed with over 100,000 tools, curbside store pickup, and nationwide delivery.
Bossier City is a city in Bossier Parish, Louisiana, home to an estimated 63,000 residents, making it the second-most populous city in the Shreveport-Bossier City metropolitan area. Located at the eastern bank of the Red River, Bossier City is closely tied economically and socially to its sister city, Shreveport, on the western bank.
Bossier City is a city in Bossier Parish, Louisiana, home to an estimated 63,000 residents, making it the second-most populous city in the Shreveport-Bossier City metropolitan area. Located at the eastern bank of the Red River, Bossier City is closely tied economically and socially to its sister city, Shreveport, on the western bank.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
22,017 SF
Building Class
B
Year Built
2023
Price
$5,498,000
Price Per SF
$249.72
Cap Rate
7.65%
NOI
$420,625
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
2.55 AC
Frontage
249’ on John Wesley Boulevard
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 206542 | Improvements Assessment | $442,448 |
| Land Assessment | $61,759 | Total Assessment | $504,207 |
Property Taxes
Parcel Number
206542
Land Assessment
$61,759
Improvements Assessment
$442,448
Total Assessment
$504,207
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