QSR Near New Amazon Facility Opening Aug-24 161 Freestate Blvd 2,390 SF Retail Building Shreveport, LA 71107 $1,250,000 ($523.01/SF)
INVESTMENT HIGHLIGHTS
- Excellent location and opportunity!
- QSR Redevelopment
EXECUTIVE SUMMARY
KW Commercial is pleased to offer for sale this QSR redevelopment opportunity, located along the busy N. Market Street corridor north of Downtown Shreveport, and approximately 1.0 mile from the +/-3.0 MM Sq.Ft. Amazon Robotic Fulfillment Center. Amazon is actively hiring employees and engineers in preparation of opening in August of 2024.
North Market (State Hwy 1) boasts traffic counts of between +/-24,000 and +/-33,000 CPD, which continues to provide strong historical sales for quick service restaurants located along N. Market.
Built in 2013, the building is +/-2,390 SF and sits on just over a half-acre, with curb cuts on N. Market and Freestate Boulevard. With a single drive-through window and compact dining room, the facility could be redeveloped into a drive-through/take-out concept, better serving customers desiring a post-COVID limited operation setting.
The newer construction and small store footprint provide a new operator an opportunity for a lower capital investment/conversion cost, compared to some of the larger footprint/older QSR conversion locations currently on-market, or sold in recent years. In addition, the subject property still contains most of the FF&E, making this opportunity a turnkey operation within approximately 60 days from time of purchase.
For more details, or to schedule a tour, please contact Trenton Siskron @ 318.213.1555.
North Market (State Hwy 1) boasts traffic counts of between +/-24,000 and +/-33,000 CPD, which continues to provide strong historical sales for quick service restaurants located along N. Market.
Built in 2013, the building is +/-2,390 SF and sits on just over a half-acre, with curb cuts on N. Market and Freestate Boulevard. With a single drive-through window and compact dining room, the facility could be redeveloped into a drive-through/take-out concept, better serving customers desiring a post-COVID limited operation setting.
The newer construction and small store footprint provide a new operator an opportunity for a lower capital investment/conversion cost, compared to some of the larger footprint/older QSR conversion locations currently on-market, or sold in recent years. In addition, the subject property still contains most of the FF&E, making this opportunity a turnkey operation within approximately 60 days from time of purchase.
For more details, or to schedule a tour, please contact Trenton Siskron @ 318.213.1555.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,390 SF
Building Class
C
Year Built
2013
Price
$1,250,000
Price Per SF
$523.01
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.53 AC
Zoning
I-MU
Parking
26 Spaces (10 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 2,390 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,390 SF | Retail | - | Now |
1st Floor
| Size |
| 2,390 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 181423-046-0012-00 | Improvements Assessment | $77,430 |
| Land Assessment | $3,659 | Total Assessment | $81,089 |
