212 Texas St | Shreveport, LA 71101
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212 Texas St
Shreveport, LA 71101
Energy Square · Office Property For Sale
Investment Highlights
- Newly replaced roof. In 2020, a 60-mil TPO Membrane roof was installed
- The two story office building is fully leased and marketed at a 10% cap rate
Executive Summary
Situated in downtown Shreveport, this property comprises three buildings, all under a single, newly replaced roof. In 2020, a 60-mil TPO Membrane roof was installed, offering a 20-year warranty through the manufacturer, GAF. The two story office building is fully leased and marketed at a 10% cap rate, making it a strong investment opportunity.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
15,480 SF
Building Class
C
Year Built
1975
Price
£599,282
Price Per SF
£39
Net Initial Yield
10%
NOI
£59,928
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
7,740 SF
Slab to Slab
12 ft
Building FAR
1.59
Lot Size
0.22 AC
Opportunity Zone
Yes
Zoning
B-4 - B-4
PROPERTY TAXES
| Parcel Number | 181437-157-0061-00 | Improvements Assessment | £15,390 |
| Land Assessment | £3,165 | Total Assessment | £18,556 |
PROPERTY TAXES
Parcel Number
181437-157-0061-00
Land Assessment
£3,165
Improvements Assessment
£15,390
Total Assessment
£18,556
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