Firestone Complete Auto Care Shreveport, Louisiana

8902 Jewella Avenue
Shreveport, Louisiana

Price: $3,868,600
Cap Rate: 6.00%
NOI: $232,116
Building Size: Approx. 20,184 Sq. Ft.
Lot Size: Approx. 2.53 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Parts
Year Built: 1970

Investment Overview

  • 1970 Construction. 20,184+/- SF Building on 2.53+/- Acre Site
  • Approximately 5 Years Remaining on Net Lease, 10% Rental Increases Every Five Years with (1), 5-Year Option to Renew
  • High-Visibility Location Along Jewella Avenue With Up to 57,000 VPD
  • Immediate Trade Area – Lowe’s, Advance Auto Parts, Office Depot, Valero, Exxon, Family Dollar, Raising Cane’s, and DD’s Discounts
  • Regional Demand Drivers Nearby – Barksdale Air Force Base (14,000 employees), Willis-Knighton Health System (7,400+ employees; 300+ beds), Ochsner LSU Health Shreveport (3,290 employees; 400+ beds), & More
  • Firestone Complete Auto Care (1,820+ Locations Nationwide) – Backed by Bridgestone, the World’s Largest Tire & Rubber Company
  • Shreveport | State’s Third-Largest City; Anchors the Ark-La-Tex Region | Population: 175,151+

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