Truck Parking / Industrial Outdoor Storage (IOS)

Investment Overview

Value-add opportunity with upside potential. Turnkey parking located at 4761 Saint Vincent Ave in Shreveport, LA. The property consists of ±4.8 acres of flat, fully fenced land with lighting and 24/7 security cameras. The site currently supports established truck parking operations with 42 to 45 spaces leased monthly and more than 70 parking spaces available, with additional capacity for expansion. The property also includes an established customer base and an active billboard lease, providing multiple income streams.

Investment Highlights

• • 6.706% cap rate
• • 70+ truck parking spaces with room for additional spaces
• • 42 to 45 spaces currently leased monthly
• • Below market parking rates with potential for increases
• • Fully fenced and well lit
• • 24/7 security cameras
• • Established truck parking clientele
• • Active billboard lease
• • Low operating expenses
• • Suitable for truck parking and Industrial Outdoor Storage (IOS)