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For Sale

Centrally Located Office Buildings for Sale

3903-3919 Southern Ave and 3949 Southern Ave,
Shreveport, LA 71106

Asset Snapshot

2022
Year Renovated
1
Floor Count
1
Building Count
37
Parking Spots

Offering Summary

Investment Overview

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.


Investment Highlights

  • ±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

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Listing Syndicated From

Buildout
For Sale
$2,800,000
Asking Price