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Drug Store

CVS

3300 Youree Dr, Shreveport, LA 71105

Listing Price: $2,417,088

Tenant Name
CVS
Years Remaining On Lease
5.1
Guarantor
Corporate Guarantee
Rentable SF
11,326
Lease Type
Absolute Net
Rent Per Square Feet
$13.34

Investment Overview

Marcus & Millichap is pleased to offer for sale, the fee simple interest in a CVS in Shreveport, LA.

This single-story 11,326 SF free standing CVS was built in 2000 on a 1.38 AC lot with 55+ parking spaces. The property is located at 3300 Youree Drive in Shreveport, Louisiana, a city in Caddo Parish and the third largest city in the state. The property is surrounded by major national tenants including Walmart, Chase Bank, McDonald’s, Starbucks, Whataburger, Taco Bell, Wendy’s, Sonic, Advanced Auto Parts, Take 5 Oil Change, Circle K, Mavis Tires & Brakes, and many more. The property benefits from its hard corner location at the 4-way signalized intersection of Youree Dr (Hwy 1) & E Kings Hwy (Hwy 3032) which sees a combined average over 39,500 VPD.

Investment Highlights

  • Low Price Point CVS Opportunity | Below Market Rent
  • Excellent Visibility & Location | Hard Corner at 4-Way Signalized Intersection | Strong Combined Average Traffic Counts of 39,500+ VPD (Youree Dr & Kings Hwy)
  • Dense Population | Over 149,000 Residents in 5 Mile-Radius
  • Large 1.38 Acre Lot with Double Drive Thru Surrounded by Every Major Retailer
  • Surrounded by Major National Tenants including Walmart, Chase Bank, McDonald's, Starbucks, Whataburger, Taco Bell, Wendy's, Sonic, Advanced Auto Parts, Take 5 Oil Change, Circle K, Mavis Tires & Brakes, and many more
  • Absolute NNN Lease | Zero Landlord Responsibilities
  • Ample Parking | Over 55 Spaces
  • 5% Rental Increases Built into Each of the Four, 5-Year Option Periods

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s) LA: BROK.995710346-ASA

    Louisiana

Financing By

Listing Price: $2,417,088

Tenant Name
CVS
Years Remaining On Lease
5.1
Guarantor
Corporate Guarantee
Rentable SF
11,326
Lease Type
Absolute Net
Rent Per Square Feet
$13.34

Investment Highlights

  • Low Price Point CVS Opportunity | Below Market Rent
  • Excellent Visibility & Location | Hard Corner at 4-Way Signalized Intersection | Strong Combined Average Traffic Counts of 39,500+ VPD (Youree Dr & Kings Hwy)
  • Dense Population | Over 149,000 Residents in 5 Mile-Radius
  • Large 1.38 Acre Lot with Double Drive Thru Surrounded by Every Major Retailer
  • Surrounded by Major National Tenants including Walmart, Chase Bank, McDonald's, Starbucks, Whataburger, Taco Bell, Wendy's, Sonic, Advanced Auto Parts, Take 5 Oil Change, Circle K, Mavis Tires & Brakes, and many more
  • Absolute NNN Lease | Zero Landlord Responsibilities
  • Ample Parking | Over 55 Spaces
  • 5% Rental Increases Built into Each of the Four, 5-Year Option Periods

Investment Overview

Marcus & Millichap is pleased to offer for sale, the fee simple interest in a CVS in Shreveport, LA. This single-story 11,326 SF free standing CVS was built in 2000 on a 1.38 AC lot with 55+ parking spaces. The property is located at 3300 Youree Drive in Shreveport, Louisiana, a city in Caddo Parish and the third largest city in the state. The property is surrounded by major national tenants including Walmart, Chase Bank, McDonald’s, Starbucks, Whataburger, Taco Bell, Wendy’s, Sonic, Advanced Auto Parts, Take 5 Oil Change, Circle K, Mavis Tires & Brakes, and many more. The property benefits from its hard corner location at the 4-way signalized intersection of Youree Dr (Hwy 1) & E Kings Hwy (Hwy 3032) which sees a combined average over 39,500 VPD.

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

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

    Louisiana

Financing By

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