Investment Overview

Airline Retail Center is a 12,600-square-foot, multi-tenant retail center located in Bossier City, Louisiana. The center is currently 100 percent occupied, and all leases are triple-net. Tenants are a complementary mix of service-oriented businesses, including Taqueria La Michoacana, Any Garment Cleaners, Paycheck Loans, Go Auto, Lendmark Financial Services, and Vape Stop. Originally constructed in 1997, the building is situated on a 1.63-acre lot with ample paved parking. A double-sided monument sign providing additional exposure to the center. The subject property is located on Airline Drive, approximately one mile north of Interstate 20. Traffic counts in front of Airline Retail Center exceed 34,200 vehicles per day. The center is located in a dense retail trade area, neighbored by numerous national and regional tenants including The Home Depot, Hobby Lobby, Kroger Marketplace, Walmart Supercenter, Lowe's Home Improvement, Altitude Trampoline Park, Whataburger, Freddy's Frozen Custard & Steakburgers, Raising Cane's, Uptown Cheapskate, Verizon Wireless, PJ's Coffee, Block Advisors, Walgreens, Popeyes, Dirt Cheap, Rent-A-Center, Big Lots, CVS, Office Depot, Harbor Freight Tools, Chili's Grill & Bar, Red Lobster, Taco Bell, Starbucks, Firestone Complete Auto Care, and many others. Airline Retail Center is also in close proximity to Pierre Bossier Mall, positioned on the north side of Interstate 20. The mall is anchored by JCPenney, Dillard's, and Surge Entertainment by Drew Brees, with other major tenants such as Bath & Body Works, Foot Locker, Forever 21, Hibbett Sports, Shoe Dept. Encore, and more. The property is less than five miles from Barksdale Airforce Base, serving a population of approximately 14,581 active duty members, reservists, and civilians.