2620 Airline Dr
Bossier City, LA
Price:
$1900000
Cap Rate:
5.00%
NOI:
$95,000
Building Size:
Approx. 3196 Sq. Ft.
Lot Size:
Approx. 1.16 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2016
Investment Overview
- New Construction | 3,196+/- SF Building on 1.16+/- Acre Site
- 15-Yr Corp NNN Ground Lease w/ 10% Rent Bumps Every 5-Yrs
- Located along Airline Dr (34,000 VPD), just S of Interstate 220 (37,000 VPD)
- Near Kroger, Lowes, Walmart SC, Sam’s, Walgreens, Dickey’s, Hampton Inn, & Raising Cane’s
- Proximity to: Tallow Wood (152-Units) | Green Acres Village (104-Units) | Parkland Villa Apt. (214-Units)
- 7-Miles NE of Louisiana Boardwalk Outlets (550,000 SF) | 8-Miles NE of Mall St. Vincent (550,000 SF)
- Attractions: Louisiana Boardwalk | Eldorado Resort Casino | CenturyLink Center | State Fair of Louisiana
- Major Employers: Barksdale Airforce Base (12,321 Empl.) | Bossier Parish School Board (2,901 Empl.)
- North Louisiana is the most cost competitive place to do business in the United States – Forbes Magazine
- 5-Mile Radius: 2015 Estimated Population: 88,871 l 1-Mile Average Household Income: $58,591
- Shreveport – Bossier City (MSA) | 2.5-Hrs E of Dallas, TX & 3.75-Hrs NW of Baton Rouge, LA