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Shopping Regional

Southgate Shopping Center

2700 W 70th St, Shreveport, LA 71106

Listing Price: $4,842,526

Cap Rate
9.50%
Gross SF
78,040
Rentable SF
78,040
Price/Gross SF
$62.05
Lot Size
8.43 acres
Year Built
1981

Investment Overview

Marcus & Millichap is pleased to present Southgate Shopping Center, a 78,040-square-foot retail center located in Shreveport, Louisiana. The property is situated on three contiguous parcels totaling 8.43 acres (or 367,005 square feet) with 12 in-line tenants and two freestanding tenants. The shopping center features a diverse tenant base, anchored by AutoZone, Family Dollar, CSL Plasma and Rent-ACenter. (Rite Aid is not included in the sale)

Investment Highlights

  • Marcus & Millichap is pleased to present Southgate Shopping Center, a 78,040-square-foot retail center located in Shreveport, Louisiana.
  • Southgate Shopping Center is 93 percent leased through a mix of short-term and long-term leases with varying degrees of rental increases and renewal options.
  • Excellent Cash Flow | Over 9.5% Capitalization Rate

Exclusively Listed By

Shopping Regional

Southgate Shopping Center

Listing Price: $4,842,526

Cap Rate
9.50%
Gross SF
78,040
Rentable SF
78,040
Price/Gross SF
$62.05
Lot Size
8.43 acres
Year Built
1981

Investment Highlights

  • Marcus & Millichap is pleased to present Southgate Shopping Center, a 78,040-square-foot retail center located in Shreveport, Louisiana.
  • Southgate Shopping Center is 93 percent leased through a mix of short-term and long-term leases with varying degrees of rental increases and renewal options.
  • Excellent Cash Flow | Over 9.5% Capitalization Rate

Investment Overview

Marcus & Millichap is pleased to present Southgate Shopping Center, a 78,040-square-foot retail center located in Shreveport, Louisiana. The property is situated on three contiguous parcels totaling 8.43 acres (or 367,005 square feet) with 12 in-line tenants and two freestanding tenants. The shopping center features a diverse tenant base, anchored by AutoZone, Family Dollar, CSL Plasma and Rent-ACenter. (Rite Aid is not included in the sale)

Exclusively Listed By

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