200 John Wesley Blvd - Freestanding FOR SALE


Bossier City, LA 71112- Barksdale
$5,498,000 USD
602-687-6780
200 John Wesley Blvd, Bossier City, LA for Sale
$5,498,000 USD
Freestanding - FOR SALE
1/5
null | 7.65% Cap Rate

200 John Wesley Blvd
Bossier City, LA 71112
Barksdale


HIGHLIGHTS

  • 9+ Years Remaining on Lease with Corporate Guaranty by Northern Tool + Equipment
  • 2% Annual Rental Increases with Multiple Renewal Options
  • 107,252 Residents within a 5-Mile Radius - Growing Trade Area in the Shreveport MSA
  • Excellent Freeway Visibility, Situated Immediately Off Interstate 20 (±77,100 Cars per Day), a Major Connector for Northern Louisiana
  • Surrounded by National Retailers: Harbor Freight, JCPenney, McDonalds, Texas Roadhouse, and More
  • Minutes from Barksdale Air Force Base, the Region’s Largest Employer

OVERVIEW

Northern Tool + Equipment is an industry leader, offering a wide selection of products, from consumer goods to industrial and construction equipment. With over 120 store locations across more than 20 states, Northern Tool has a strong retail presence in the U.S. Northern Tool reaches an even wider audience through year-round catalog offerings, a website packed with over 100,000 tools, curbside store pickup, and nationwide delivery. Bossier City is a city in Bossier Parish, Louisiana, home to an estimated 63,000 residents, making it the second-most populous city in the Shreveport-Bossier City metropolitan area. Located at the eastern bank of the Red River, Bossier City is closely tied economically and socially to its sister city, Shreveport, on the western bank.

FOR SALE DETAILS

PRICE

$5,498,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

7.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Northern Tool + Equipment - Corp Guarantee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Garden Center, Storefront, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.55 AC

LAND SF

111,078 SF

ZONING

-

APN/PARCEL ID

206542

ASK ABOUT THIS PROPERTY

Christopher LindMarcus & MillichapMore Info
602-687-6780

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Christopher LindMarcus & MillichapMore Info
602-687-6780

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.