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Shopping Strip

Viniso Plaza | 33,400+ VPD

4128 Airline Dr, Bossier City, LA 71111

Listing Price: $2,775,777

Cap Rate
6.75%
Gross SF
19,250
Rentable SF
19,250
Price/Gross SF
$144.20
Lot Size
1.83 acres
Year Built
1997

Investment Overview

Marcus & Millichap is pleased to exclusively offer the opportunity to acquire a 19,250-square-foot, multi-tenant retail center with upside potential in Bossier City, LA. Renovated in 2020, Viniso Plaza is currently 83.12 percent occupied with a strong tenant base comprised of national and regional tenants including Domino’s Pizza, Nestle Tollhouse, State Farm Insurance, La Porte Contractors, Gabe’s Fine Jewelers, VIP Spa & Nail Salon, and more. Viniso Plaza features multiple points of ingress and egress for easy access to the site and boasts excellent frontage with ±193 feet of exposure along Airline Drive which sees traffic counts exceeding 33,400 vehicles per day. Positioned in the primary and premiere retail corridor of the Shreveport-Bossier City market, Viniso Plaza benefits from its location proximity to major retailers in the immediate area including Target, Home Depot, Walmart Supercenter, Sam’s Club, Kroger Supermarket along with an abundance of other businesses such as the Willis-Knighton Bossier Health Center, Storage Sense, Circle K and more that will continue to flourish this particular area that is home to Viniso Plaza. Bossier City is a city in Bossier Parish, which is located in the northwestern region of the U.S. state of Louisiana in the United States. It is the second most populous city in the Shreveport-Bossier City metropolitan statistical area. Bossier City is located on the eastern bank of the Red River and is closely tied economically and socially to its larger sister city Shreveport on the opposite bank. Shreveport is the commercial and cultural center of the Ark-La-Tex, the area where Arkansas, Louisiana and Texas meet. Bossier City is the largest city in Louisiana that is not the parish seat.

Investment Highlights

  • Value-Add Opportunity | Up-side in Leasing Vacancy Totaling 3,250 SF (16.88% of GLA)
  • Proven Location | Tenants have operated businesses for an average of more than 5 years and have a WALT of ~3.5 years |
  • E-Commerce Resistant Tenant Mix | End Cap Spaces have Drive-Thru Windows
  • 33,400+ VPD | Easy Access and High Visibility with 193 Feet of Frontage
  • Strategically Located in Primary Retail Corridor including Target, Sam's Club, Best Buy, Ross and more |
  • Conveniently Located in Proximity to I-220
  • Affluent Community | Average Household Income (AHI) Exceeds $109,000+ in a 1-Mile Radius
  • Bossier City, LA is the second most populous city in the Shreveport–Bossier City MSA | Bossier City is Home to the United States Barksdale Air Force Base

Exclusively Listed By

Financing By

Shopping Strip

Viniso Plaza | 33,400+ VPD

Listing Price: $2,775,777

Cap Rate
6.75%
Gross SF
19,250
Rentable SF
19,250
Price/Gross SF
$144.20
Lot Size
1.83 acres
Year Built
1997

Investment Highlights

  • Value-Add Opportunity | Up-side in Leasing Vacancy Totaling 3,250 SF (16.88% of GLA)
  • Proven Location | Tenants have operated businesses for an average of more than 5 years and have a WALT of ~3.5 years |
  • E-Commerce Resistant Tenant Mix | End Cap Spaces have Drive-Thru Windows
  • 33,400+ VPD | Easy Access and High Visibility with 193 Feet of Frontage
  • Strategically Located in Primary Retail Corridor including Target, Sam's Club, Best Buy, Ross and more |
  • Conveniently Located in Proximity to I-220
  • Affluent Community | Average Household Income (AHI) Exceeds $109,000+ in a 1-Mile Radius
  • Bossier City, LA is the second most populous city in the Shreveport–Bossier City MSA | Bossier City is Home to the United States Barksdale Air Force Base

Investment Overview

Marcus & Millichap is pleased to exclusively offer the opportunity to acquire a 19,250-square-foot, multi-tenant retail center with upside potential in Bossier City, LA. Renovated in 2020, Viniso Plaza is currently 83.12 percent occupied with a strong tenant base comprised of national and regional tenants including Domino’s Pizza, Nestle Tollhouse, State Farm Insurance, La Porte Contractors, Gabe’s Fine Jewelers, VIP Spa & Nail Salon, and more. Viniso Plaza features multiple points of ingress and egress for easy access to the site and boasts excellent frontage with ±193 feet of exposure along Airline Drive which sees traffic counts exceeding 33,400 vehicles per day. Positioned in the primary and premiere retail corridor of the Shreveport-Bossier City market, Viniso Plaza benefits from its location proximity to major retailers in the immediate area including Target, Home Depot, Walmart Supercenter, Sam’s Club, Kroger Supermarket along with an abundance of other businesses such as the Willis-Knighton Bossier Health Center, Storage Sense, Circle K and more that will continue to flourish this particular area that is home to Viniso Plaza. Bossier City is a city in Bossier Parish, which is located in the northwestern region of the U.S. state of Louisiana in the United States. It is the second most populous city in the Shreveport-Bossier City metropolitan statistical area. Bossier City is located on the eastern bank of the Red River and is closely tied economically and socially to its larger sister city Shreveport on the opposite bank. Shreveport is the commercial and cultural center of the Ark-La-Tex, the area where Arkansas, Louisiana and Texas meet. Bossier City is the largest city in Louisiana that is not the parish seat.

Exclusively Listed By

Financing By

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