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Petco & Boot Barn - Shreveport, LA 6596 & 6590 Youree Drive

29,000 SF 100% Leased Retail Building Shreveport, LA 71105 £5,180,940 (£179/SF) 7.25% Net Initial Yield

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Investment Highlights

High Yield (7.25% Cap Rate) & Low Cost Per Square Foot Opportunity ($227.59 PSF)
100% Leased Asset With 6+ Years Remaining on Current Lease Term With Both Tenants
Strong Rental Increases of 10% at the Option Periods, Providing Hedge For Inflation

Both Tenants Feature Low Rents Providing Future Security to New Investors
Each Tenant Exercised Their Options Early Demonstrating Confidence in the Location
Seller to Deliver Property With Brand New Roof - Reducing Potential Near Term Capital Expenditures For New Investor

Executive Summary

Sands Investment Group is Pleased to Present Exclusively For Sale the Two Tenant Petco & Boot Barn Property, Located Within the Highly Desirable Bayou Walk Shopping Center at the Intersection of Youree Drive & E 70th Street in Shreveport, LA. Bayou Walk Shopping Center Features a Strong Destination Location With Adjacent Retailers Including Kroger, Barnes & Noble, Old Navy, JoAnn Fabric and More. Both Boot Barn & Petco Recently Exercised Their Options Early, Demonstrating Confidence in the Location. With 6+ Years Remaining For Each Tenant & Strong Rental Increases at Each Option Period, This Asset Offers an Investor a Stable Investment With Attractive Rental Growth in the Future. Offered at a 7.25% Cap Rate With Low Existing Lease Rates, This is a Rare Opportunity to Acquire a High Yielding Investment at a Low-Cost Per Square Foot.

In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BOR: Andrew Ackerman Lic. LA #BROK.0995700567-ACT