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2525 Youree Dr

22,760 SF 100% Leased Office Building Shreveport, LA 71104 £1,568,820 (£69/SF) 8% Net Initial Yield

Executive Summary

Investment opportunity. 22,760 square foot office building. 100% leased. State of Louisiana Probation and Parole office- 18,440 square feet. Space custom designed for State. Long term occupant. New 7 year lease. GEO Reentry Services - 4,320 square feet. Centrally located with easy assess to I-20 and I-49.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
22,760 SF
Building Class
C
Year Built
1985
Price
£1,568,820
Price Per SF
£69
Net Initial Yield
8%
NOI
£125,506
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
22,760 SF
Building FAR
0.27
Land Acres
1.94 AC
Zoning
C-3
Parking
155 Spaces (6.81 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
171305-081-0021-00
Land Assessment
£13,962
Improvements Assessment
£68,846
Total Assessment
£82,808
  • Listing ID: 33000782

  • Date on Market: 29/08/2024

  • Last Updated:

  • Address: 2525 Youree Dr, Shreveport, LA 71104

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