935 Texas Ave, Shreveport, LA 71101
Asking Price: $1,470,000
NET LEASED. INVESTMENT PROPERTY. 21,000 SF Building on 1.27 Acres . 5,126 SF of Showroom/Office and 15,974 SF of Warehouse. Warehouse is fully insulated with Sprinkler System. 2 Dock High Doors and 2 Grade Level Doors. Security Fencing and Video Surveillance. NNN Lease in place with strong tenant that has been at this location for over 20 years. Three years left on current lease with two 3 year options to renew with escalations. Tenant is a 34 year old, independently owned; wholesale electrical products supplier catering to the needs of electrical contractors and end users. Cap Rate – 7.2%.
Price – $1,470,000
Christopher Susilovich ( email ) • Vintage Realty