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212 Texas St
Shreveport, LA 71101

Energy Square · Office Property For Sale

Office Space Louisiana Shreveport 212 Texas St, Shreveport, LA 71101

Investment Highlights

  • Newly replaced roof. In 2020, a 60-mil TPO Membrane roof was installed
  • The two story office building is fully leased and marketed at a 10% cap rate

Executive Summary

Situated in downtown Shreveport, this property comprises three buildings, all under a single, newly replaced roof. In 2020, a 60-mil TPO Membrane roof was installed, offering a 20-year warranty through the manufacturer, GAF. The two story office building is fully leased and marketed at a 10% cap rate, making it a strong investment opportunity.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
15,480 SF
Building Class
C
Year Built
1975
Price
$1,076,157 CAD
Price Per SF
$70 CAD
Cap Rate
10%
NOI
$107,616 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,740 SF
Slab To Slab
12’
Building FAR
1.59
Lot Size
0.22 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B-4 - B-4

PROPERTY TAXES

Parcel Number 181437-157-0061-00 Improvements Assessment $27,637 CAD
Land Assessment $5,684 CAD Total Assessment $33,321 CAD

PROPERTY TAXES

Parcel Number
181437-157-0061-00
Land Assessment
$5,684 CAD
Improvements Assessment
$27,637 CAD
Total Assessment
$33,321 CAD
 

  • Listing ID: 32986607

  • Date on Market: 2024-08-28

  • Last Updated:

  • Address: 212 Texas St, Shreveport, LA 71101

The Office Property at 212 Texas St, Shreveport, LA 71101 is currently available for sale. Contact Sealy & Company for more information.

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