3903-3919 and 3949 Southern Ave FOR SALE


$2,800,000 USD
318-222-8700
, Shreveport, LA for Sale
$2,800,000 USD
FOR SALE
1/10
null | 5.7% Cap Rate

3903-3919 and 3949 Southern Ave
Shreveport, LA
Caddo Heights/South Highlands


HIGHLIGHTS

  • High-visibility location with access to I-49
  • Medical tenancy in place with near-term lease expiration (10/31/2026)
  • Diversified income stream with long-term stability and near-term upside
  • Lease-up opportunity to increase NOI
  • Proximate to I-49, Mall St. Vincent, and Ochsner LSU Health Shreveport
  • Located in established healthcare corridor with strong demand drivers

OVERVIEW

Property Description 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. Location Description This Property is located at the intersection of Ockley Drive and Southern Avenue right off of I-49. It is in close proximity to Mall St. Vincent and Louisiana State University Medical Center and is just a mile north of Pierremont Road.

ASK ABOUT THIS PROPERTY

Emily BynumSealy Real Estate Services, LLCMore Info
318-222-8700

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Emily BynumSealy Real Estate Services, LLCMore Info
318-222-8700

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