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Melanie's Learn & Play - Bossier City, LA 5590 Barksdale Blvd

17,020 SF Retail Building Bossier City, LA 71112 $1,672,374 ($98/SF) 7.61% Cap Rate

Investment Highlights

  • Melanie's Learn & Play Has Two Locations in Northwest Louisiana Market
  • Located in South Bossier (SoBo), the Center is Situated on U.S. Highway 71
  • Average Household Income of $95,554 and a Population of 20,631 Residents Within a 3-Mile Radius
  • Bossier City and Neighboring Shreveport, Located Adjacent to Each Other Across the Red River
  • 10-Miles From Shreveport Regional Airport (SHV)
  • Average household Income of $88,252 and a Population of 58,567 Residents Within a 5-Mile Radius

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 17,020 SF Melanie's Learn & Play Located at 5590 Barksdale Boulevard in Bossier City, LA. The Center is Situated on U.S. Highway 71, One of the Main Thoroughfares Providing Easy Access, and a Secure Investment.

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 NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
17,020 SF
Building Class
B
Year Built
2013
Price
$1,672,374
Price Per SF
$98
Cap Rate
7.61%
NOI
$127,284
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.98 AC
Zoning
B3
Parking
56 Spaces (3.29 Spaces per 1,000 SF Leased)
Frontage
404 FT on Barksdale Blvd

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Melanie's Learn and Play
  • Retailer
  • 17,020 SF
  • $7.48
  • Triple Net
  • Jun 2029
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Melanie's Learn and Play Retailer 17,020 SF $7.48 Triple Net Jun 2029

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
175399
Land Assessment
$32,890
Improvements Assessment
$141,441
Total Assessment
$174,331
  • Listing ID: 33557651

  • Date on Market: 10/18/2024

  • Last Updated:

  • Address: 5590 Barksdale Blvd, Bossier City, LA 71112

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