2525 Youree Dr
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2525 Youree Dr
22,760 SF 100% Leased Office Building Shreveport, LA 71104 $2,000,000 ($88/SF) 8% Cap Rate
Executive Summary
Investment opportunity. 22,760 square foot office building. 100% leased. State of Louisiana Probation and Parole office- 18,440 square feet. Space custom designed for State. Long term occupant. New 7 year lease. GEO Reentry Services - 4,320 square feet. Centrally located with easy assess to I-20 and I-49.
Property Facts
Sale Type
Investment
Property Type
Building Size
22,760 SF
Building Class
C
Year Built
1985
Price
$2,000,000
Price Per SF
$88
Cap Rate
8%
NOI
$160,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
22,760 SF
Building FAR
0.27
Lot Size
1.94 AC
Zoning
C-3
Parking
155 Spaces (6.81 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 171305-081-0021-00 | Improvements Assessment | $87,768 |
| Land Assessment | $17,799 | Total Assessment | $105,567 |
PROPERTY TAXES
Parcel Number
171305-081-0021-00
Land Assessment
$17,799
Improvements Assessment
$87,768
Total Assessment
$105,567
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2525 Youree Dr
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