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2511 Beene Boulevard - McAlister's Deli, Bossier City, LA

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2511 Beene Boulevard - McAlister's Deli

Bossier City, LA 71111 - Bossier Parish Submarket

Property Type:Retail Sub Type:Restaurant Status:Existing Year Built:2006
Building Size:4,176 SF Land Area:1.07 AC (46,609 SF)
For Sale Price:$2,154,110 Price/SF:$515.83
Cap Rate:9.00 %
Parking:Free Surface spaces are available; Free Covered spaces; Ratio of 8.37/1,000 SF
Features:Dedicated Turn Lane, Freeway Visibility, Pylon Sign

Sale Notes:
Stan Johnson Company is pleased to offer for sale to qualified investors a McAlister' s Deli (the Property ) located in Bossier City, Louisiana. Bossier City is a city in Bossier Parish, Louisiana, on the eastern bank of the Red River and is closely tied to its larger sister city, Shreveport, on the opposite bank.

The Property is situated on a 1.07 acre site and is 100% leased to McAlister' s Corporation. McAlister' s Deli has operated at this location for over ten (10) years, and recently exercised their first five (5) year renewal option that commenced on April 1, 2016, and features 2% annual increases during the remainder of the extended term and the remaining five (5) year renewal option.

This Property is located in an extremely strong retail area with no additional lots to build on in the immediate area. Benne Boulevard, the street the Property sits on, leads to a very large and successful hospital and medical complex that generates a lot of business, in addition to the other activity in the immediate area. The property' s location is the hot spot in the Bossier City market and will only continue to get better.

Stan Johnson Company
Sharon Jordan
(918) 494-2690 x513

Gill M Warner
(918) 494-2690 x512

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