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Office

1120 S Pointe Pkwy

1120 S Pointe Pkwy, Shreveport, LA 71105

Listing Price: $1,990,000

Cap Rate
11.51%
Gross SF
21,630
Rentable SF
21,630
Price/Gross SF
$92.00
Lot Size
1.73 acres
Year Built
1983

Investment Overview

Marcus & Millichap is pleased to exclusively present to qualified investors the opportunity acquire to 1120 S Pointe Pkwy, Shreveport LA, a recently renovated 5-building office complex situated on a 1 acre lot. The subject property is 100% leased and comprised of two (2) tenants, totaling 21630 SF. Investors will benefit from an average rent of $15.00. The property shares the street with nearby Social Security Administration and Internal Revenue Service (IRS) Assistance Center. The city of Shreveport is the third-most populous in the state and accounts for more than 40 percent of the metro’s population, with 189,900 citizens. During the next five years, a population gain of 5,200 people is expected metro wide.

Investment Highlights

  • Conveniently located near to Shreve City shopping center via Shreveport Barksdale Hwy. Quick access to both downtown Shreveport and Bossier City
  • 100% Occupied, 21630 SF 5-building Office Campus
  • Parking Ratio 5.3/1000, 116 Surface parking spaces

Exclusively Listed By

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s) LA: BROK.995710346-ASA

    Louisiana

Financing By

Office

1120 S Pointe Pkwy

Listing Price: $1,990,000

Cap Rate
11.51%
Gross SF
21,630
Rentable SF
21,630
Price/Gross SF
$92.00
Lot Size
1.73 acres
Year Built
1983

Investment Highlights

  • Conveniently located near to Shreve City shopping center via Shreveport Barksdale Hwy. Quick access to both downtown Shreveport and Bossier City
  • 100% Occupied, 21630 SF 5-building Office Campus
  • Parking Ratio 5.3/1000, 116 Surface parking spaces

Investment Overview

Marcus & Millichap is pleased to exclusively present to qualified investors the opportunity acquire to 1120 S Pointe Pkwy, Shreveport LA, a recently renovated 5-building office complex situated on a 1 acre lot. The subject property is 100% leased and comprised of two (2) tenants, totaling 21630 SF. Investors will benefit from an average rent of $15.00. The property shares the street with nearby Social Security Administration and Internal Revenue Service (IRS) Assistance Center. The city of Shreveport is the third-most populous in the state and accounts for more than 40 percent of the metro’s population, with 189,900 citizens. During the next five years, a population gain of 5,200 people is expected metro wide.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s): LA: BROK.995710346-ASA

    Louisiana

Financing By

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