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6821 W 70th St 5,000 SF Vacant Office Building Shreveport, LA 71129 $700,000 ($140/SF) 5.95% Cap Rate
Executive Summary
• 5,000+/- SF office/warehouse on 1+/- acres
• 1,700+/- SF of office space (includes large reception/waiting area, 2 individual offices, conference room,kitchen/break room, and 2 restrooms
• 3,300+/- SF warehouse area with one 10’ X 10’ grade level overhead door
• Zoned I-2 (Heavy Industrial)
• Located at the southwest corner of W. 70th Street and Brooks Road in West Shreveport
• Minerals not included
• 1,700+/- SF of office space (includes large reception/waiting area, 2 individual offices, conference room,kitchen/break room, and 2 restrooms
• 3,300+/- SF warehouse area with one 10’ X 10’ grade level overhead door
• Zoned I-2 (Heavy Industrial)
• Located at the southwest corner of W. 70th Street and Brooks Road in West Shreveport
• Minerals not included
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1990/2013
Price
$700,000
Price Per SF
$140
Cap Rate
5.95%
NOI
$41,625
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,000 SF
Building FAR
0.11
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
I-2
Parking
10 Spaces (2 Spaces per 1,000 SF Leased)
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 171527-005-0010-00 | Improvements Assessment | $24,846 |
| Land Assessment | $3,528 | Total Assessment | $28,374 |
Property Taxes
Parcel Number
171527-005-0010-00
Land Assessment
$3,528
Improvements Assessment
$24,846
Total Assessment
$28,374
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Contact the Sale Advisor
6821 W 70th St