Shopping Community

Kroger | FD Anchored Plantation Plaza

Listing Price: $3,550,000

Cap Rate
9.21%
Gross SF
57,379
Rentable SF
57,379
Price/Gross SF
$61.87
Lot Size
7.50 acres
Year Built
1978

Investment Overview

Marcus & Millichap is pleased to present Plantation Plaza Shopping Center located at 4100 Barksdale Blvd, Shreveport (Bossier City), Louisiana. Plantation Plaza Shopping Center is a 57,349 SF multi-tenant retail center situated on 7.5 acres of land and anchored by national tenants including Kroger and Family Dollar.

The center contains a diverse mix of national, regional and local tenants. 79% of the current GLA is occupied by national tenants representing 71% of the centers income. Rents at the center are below market and there is currently over 2,850 SF available for lease, creating opportunities for investors to add value.

The property is parallel to the main traffic artery and is highly visible with seven excellent ingress and egress points. It has over 770 feet of frontage on Barksdale Blvd with traffic counts in excess of 28,500 vehicles daily. The property is also supported by strong demographics with a 5-mile population of over 115,000 and average household income in excess of $65,000.

Investment Highlights

  • 57,379 SF Kroger Anchored Shopping Center
  • Kroger & Family Dollar at location over 30 Yrs
  • Kroger Recently Added Click List Pickup Services at Its Sole Cost
  • Average Tenant at Center over 15 Yrs
  • 79% Leased to National Tenants

Exclusively Listed By

  • Tim Giambrone

    Senior Vice President Investments

    Email Tim

    License(s): GA: 265556

    Atlanta

Shopping Community

Kroger | FD Anchored Plantation Plaza

Listing Price: $3,550,000

Cap Rate
9.21%
Gross SF
57,379
Rentable SF
57,379
Price/Gross SF
$61.87
Lot Size
7.50 acres
Year Built
1978

Investment Highlights

  • 57,379 SF Kroger Anchored Shopping Center
  • Kroger & Family Dollar at location over 30 Yrs
  • Kroger Recently Added Click List Pickup Services at Its Sole Cost
  • Average Tenant at Center over 15 Yrs
  • 79% Leased to National Tenants

Investment Overview

Marcus & Millichap is pleased to present Plantation Plaza Shopping Center located at 4100 Barksdale Blvd, Shreveport (Bossier City), Louisiana. Plantation Plaza Shopping Center is a 57,349 SF multi-tenant retail center situated on 7.5 acres of land and anchored by national tenants including Kroger and Family Dollar.

The center contains a diverse mix of national, regional and local tenants. 79% of the current GLA is occupied by national tenants representing 71% of the centers income. Rents at the center are below market and there is currently over 2,850 SF available for lease, creating opportunities for investors to add value.

The property is parallel to the main traffic artery and is highly visible with seven excellent ingress and egress points. It has over 770 feet of frontage on Barksdale Blvd with traffic counts in excess of 28,500 vehicles daily. The property is also supported by strong demographics with a 5-mile population of over 115,000 and average household income in excess of $65,000.

Exclusively Listed By

  • Tim Giambrone

    Senior Vice President Investments

    Email Tim

    License(s): GA: 265556

    Atlanta

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