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Petco & Boot Barn - Shreveport, LA 6596 & 6590 Youree Drive

29,000 SF 100% Leased Retail Building Shreveport, LA 71105 $9,160,978 CAD ($315.90 CAD/SF) 7.50% Cap Rate

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INVESTMENT HIGHLIGHTS

High Yield (7.50% Cap Rate) & Low Cost Per Square Foot Opportunity ($220 PSF)
100% Leased Asset With 5.5+ Years Remaining on Current Lease Term With Both Tenants
Strong Rental Increases of 10% at the Option Periods, Providing Hedge For Inflation

Both Tenants Feature Low Rents Providing Future Security to New Investors
Each Tenant Exercised Their Options Early Demonstrating Confidence in the Location
Seller to Deliver Property With Brand New Roof - Reducing Potential Near Term Capital Expenditures For New Investor

EXECUTIVE SUMMARY

Sands Investment Group is Pleased to Present Exclusively For Sale the Two Tenant Petco & Boot Barn Property, Located Within the Highly Desirable Bayou Walk Shopping Center at the Intersection of Youree Drive & E 70th Street in Shreveport, LA. Bayou Walk Shopping Center Features a Strong Destination Location With Adjacent Retailers Including Kroger, Barnes & Noble, Old Navy, JoAnn Fabric and More. Both Boot Barn & Petco Recently Exercised Their Options Early, Demonstrating Confidence in the Location. With 5.5+ Years Remaining For Each Tenant & Strong Rental Increases at Each Option Period, This Asset Offers an Investor a Stable Investment With Attractive Rental Growth in the Future. Offered at a 7.50% Cap Rate With Low Existing Lease Rates, This is a Rare Opportunity to Acquire a High Yielding Investment at a Low-Cost Per Square Foot.

In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BOR: Andrew Ackerman Lic. LA #BROK.0995700567-ACT

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront

Building Size

29,000 SF

Year Built

1997

Price

$9,160,978 CAD

Price Per SF

$315.90 CAD

Cap Rate

7.50%

NOI

$686,872 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.24

Lot Size

2.73 AC

Parking

65 Spaces (2.24 Spaces per 1,000 SF Leased)

AMENITIES

Wheelchair Accessible

Air Conditioning

MAJOR TENANTS

Boot Barn
Retailer
11,000 SF
$27.80 CAD
Double Net
Nov 2030

Petco
Retailer
18,000 SF
$22.26 CAD
Double Net
Sep 2030

TENANT	INDUSTRY	SF OCCUPIED	RENT/SF	LEASE TYPE	LEASE END
Boot Barn	Retailer	11,000 SF	$27.80 CAD	Double Net	Nov 2030
Petco	Retailer	18,000 SF	$22.26 CAD	Double Net	Sep 2030