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2525 Youree Dr 22,760 SF 100% Leased Office Building Shreveport, LA 71104 $1,900,000 ($83.48/SF) 8.50% Cap Rate
EXECUTIVE SUMMARY
REDUCED - Investment opportunity. 22,760 square foot office building. 100% leased. State of Louisiana Probation and Parole office- 18,440 square feet. Space custom designed for State. Long term occupant. New 7 year lease. GEO Reentry Services - 4,320 square feet. Centrally located with easy assess to I-20 and I-49.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
22,760 SF
Building Class
C
Year Built
1985
Price
$1,900,000
Price Per SF
$83.48
Cap Rate
8.50%
NOI
$161,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
22,760 SF
Building FAR
0.27
Lot Size
1.94 AC
Zoning
C-3
Parking
155 Spaces (6.81 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 171305-081-0021-00 | Improvements Assessment | $87,768 |
| Land Assessment | $18,689 | Total Assessment | $106,457 |
PROPERTY TAXES
Parcel Number
171305-081-0021-00
Land Assessment
$18,689
Improvements Assessment
$87,768
Total Assessment
$106,457
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2525 Youree Dr
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