Search Results for 

4812 Monkhouse Drive - Corrie's Self Storage, Shreveport, LA

Welcome to SHOWCASE.COM, the Web's most comprehensive source of commercial property data, where you can search from 900,000 listings nationwide. To see more Commercial Real Estate listings, Office Space, Industrial Space, Retail Space, Commercial Land, Multi-Family or other commercial property types, just click the button to the right.
4812 Monkhouse Drive - Corrie's Self Storage

Shreveport, LA 71109 - West Submarket

Property Type:Specialty Sub Type:Self-Storage Status:Existing Year Built:-
Stories:1 Typical Floor:32,915 SF Building Size:33,191 SF
For Sale Price:$975,000 Price/SF:$29.38
Cap Rate:6.20 %

Sale Notes:
Corie’s Self Storage is a 33,191 net rentable square foot self-storage facility located in Shreveport, Louisiana. The property sits on approximately 1.75 acres of land
and consists of 224 non climate self storage units. The facility is comprised of seven single-story buildings, has concrete block construction and was built in 1977.
Corie’s has numerous amenities including an entrance gate with keycode access, video surveillance throughout the property, a full service manager’s office, and
a one bedroom residence. The facility has concrete driveways, roll up doors, and security lighting, and a chain link fence around the perimeter of the property.
Corie’s Self Storage sits about a half mile north of Interstate 20 and the entrance to the Shreveport Regional Airport. Shreveport is the commercial hub of the
Ark - La- Tex region in Northwest Louisiana, and is becoming acclaimed for its rapidly improving business climate. In the past two years Shreveport has been
recognized as one of the top ten most millennial friendly cities in the country by Bloomberg Business, and the number one place to build a new business by
WalletHub. In 2014, a Harvard University study rated Shreveport-Bossier as the third happiest city in America. The service industry and tourism are a big part of
the Shreveport/Bossier City economy as well with six casinos and a horse racetrack.
Offered at less than $30 a foot (well below replacement cost) Corie’s Self Storage can provide an investor a tremendous upside opportunity. The facility is only
60 percent physically occupied with rents that in many cases are well below the submarket norms. By raising rents where warranted and overall occupancy,
substantial returns can be achieved in an up and coming economy.

Marcus & Millichap
David Knobler
(713) 452-4293

Share this listing

Copy and paste this HTML into your blog or web page:
<a href="" target="_blank">4812 Monkhouse Drive - Corrie's Self Storage, Shreveport, LA - Commercial property</a>

Send Email
Add a personalized message: (Optional)
Copyright © 1997-2018 CoStar Realty Information, Inc. All rights reserved.  |  About SHOWCASE.COM |  Advertise |  Site Map |  800-216-3234