3107 Airline Dr, Bossier City Outside Metro Area

Property Type: Community Property Size: 8,500 sf Lease Rate: N/A

Year Built: 2020 Total Available: 0 sf Sale Price: $4,381,900.00

Constr. Status: Completed Min/MaxAvailable: N/A Lease/Sale: Sale

Lease Agent - Henry Kushner, Newmark Knight Frank GA Atlanta - 770.552.2448

Lease Agent - Drew Fleming, Newmark Knight Frank GA Atlanta - 404.806.2755

Lease Agent - Mark Joines, Newmark Knight Frank GA Atlanta - 770.552.2479

Space for Sale Retail - Ste 8,500 rsf $4,381,900.00

As exclusive advisor, Newmark is pleased to present the opportunity to acquire a newly developed, 8,500 SF, three tenant center located in Bossier City (Shreveport), Louisiana. Highlighted by 10-year leases which commenced in early 2021, the center is 100% leased to Tropical Smoothie, Another Broken Egg and Chicken Salad Chick. The property features strong fundamentals and is nestled in a dominant retail corridor. Furthermore, the center’s immaculate new construction minimizes capex exposure. In addition, Chicken Salad Chick and Tropical Smoothie both include drive-thrus, the current jewel of QSR trends. Lastly, each lease includes rental escalations in year 6, creating a stabilized asset with NOI growth. *NEWLY DEVELOPED, THREE TENANT CENTER IN STRONG RETAIL CORRIDOR*DYNAMIC TENANT LINE-UP*STRONG PROPERTY FUNDAMENTALS *SHREVEPORT-BOSSIER CITY MSA – DYNAMIC SUNBELT MARKET

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Newmark Research ReportJerren Cooper

12/10/2021