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Walgreens Shreveport - NNN Lease

3124 Line Ave, Shreveport, LA 71104

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Overview

INVESTMENT SUMMARY:
Address: 3124 Line Avenue
Shreveport, LA 71104
Year Built: 2000
Estimated Rentable
Square Feet: 15,120 SF
Land Area: 63,815 SF (1.46 acres)
Lease Structure: NNN

Offering price: $2,500,000
Cap rate: 8.00%
Current annual in NOI: $200,000
Corporately Guaranteed by: Walgreens Co.
Tenant Responsibilities: Taxes, Insurance, Maintenance
Except for Roof, Structure and Parking Lot
Landlord Responsibilities: Roof, Structure, Parking Lot

For Sale

Investment
Sale Price
$2,500,000
Price Per SF
$165.3/SF
Cap Rate
8%
Building Size
15,120 SF
Acres
1.46 ac
Zoning Description
Corridor Commercial
Net Operating Income
$200,000
Tenant
Walgreen's
Average Occupancy Rate
100%
County
Caddo Parish
Created
09/29/2025
Updated
09/29/2025
Listing ID
af07ebf0
Parcel APN
171412150000100