Centrally Located Office Buildings for Sale

This two-property portfolio at 3903-3919 and 3949 Southern Avenue offers a strategic blend of stable income and value-add upside in a high-traffic Shreveport corridor. Totaling ±19,915 square feet and offered at $2,800,000 (5.7% cap rate), the assets are positioned near I-49, Mall St. Vincent, and Ochsner LSU Health Shreveport.

3903-3919 Southern Avenue is a recently renovated ±9,800 SF multi-tenant office property with flexible suite configurations and leasing upside. The asset features strong visibility, modernized storefronts, and energy-efficient improvements. Current tenancy includes a medical user with a lease expiring October 31, 2026 and a strong likelihood of renewal, while remaining availability provides an opportunity to increase occupancy and drive NOI.

3949 Southern Avenue is a ±10,115 SF single-tenant medical property leased to Fresenius Medical Care on a NNN basis through August 31, 2029. The lease provides stable cash flow with built-in CPI-based increases (capped at 15%) and renewal options, offering long-term income security.

Property Highlights

3903-3919 Southern Avenue

• ±9,800 SF multi-tenant office, recently renovated
• High-visibility location with access to I-49
• Medical tenancy in place with near-term lease expiration (10/31/2026)
• Strong renewal probability
• Lease-up opportunity to increase NOI
• Flexible suite layouts with modern storefronts

3949 Southern Avenue

• ±10,115 SF single-tenant medical facility
• Leased to Fresenius Medical Care
• NNN lease structure
• Lease term through 08/31/2029
• CPI-based rent increases (15% cap)
• Stable, long-term income stream

Investment Highlights

• ±19,915 SF two-property portfolio offered at $2,800,000
• 5.7% cap rate with balanced risk profile
• Stable NNN income stream anchored by national medical tenant
• Value-add upside through lease-up and rent growth
• Located in established healthcare corridor with strong demand drivers
• Proximate to I-49, Mall St. Vincent, and Ochsner LSU Health Shreveport
• Diversified income stream with long-term stability and near-term upside