400 Texas St - Office FOR SALE


Shreveport, LA 71101- Downtown Riverfront
$4,500,000 USD
646-763-1158
400 Texas St, Shreveport, LA for Sale
$4,500,000 USD
Office - FOR SALE
1/61
null | Request Cap Rate

400 Texas St
Shreveport, LA 71101
Downtown Riverfront


HIGHLIGHTS

  • Positioned within Shreveport's Central Business District near federal and parish courthouses.
  • Building includes attached parking garage with 330 spaces ensuring convenient tenant access.
  • Modernized elevator systems retain historic Art Deco design features.
  • Enhanced security with key-card access, on-site guards, and comprehensive camera coverage.
  • Opportunity Zone designation offering potential tax advantages for investors.
  • Quick connectivity to I-20, I-49, and regional highways for ease of access.

OVERVIEW

400 Texas Street, formerly known as Chase Tower, presents an investment opportunity in the heart of Shreveport’s Central Business District. Encompassing approximately 203,000 square feet, this Class A office tower spans 15 stories and is situated on a 2.45-acre parcel. The property is offered at $4,500,000, equating to $22.17 per square foot, and is currently 26% leased, providing immediate upside for repositioning or lease-up strategies. Zoned B-4, the asset lies within a designated Opportunity Zone, creating potential benefits for investors through preferential tax treatment. The asset is also approved for a 45% federal and state tax credit on all monies spent to rehab the building, enhancing long-term investment returns The building features modern infrastructure, enhanced security, and attached structured parking with 330 spaces. Recent capital improvements include upgraded elevator systems, building systems, and key-card security access, supporting operational efficiencies for tenants. Direct access to I-20 and I-49 ensures strong connectivity to the broader Shreveport–Bossier region, while proximity to federal and parish courthouses, Government Plaza, and multiple financial institutions strengthens its appeal for professional users.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$22 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chase

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

15

BUILDING CLASS

A

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

330

LAND DETAILS

LAND ACRES

2.45 AC

LAND SF

106,722 SF

ZONING

B-4

APN/PARCEL ID

181437-139-0023-00

ASK ABOUT THIS PROPERTY

Sarah WorleyMarcus & MillichapMore Info
646-763-1158

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Sarah WorleyMarcus & MillichapMore Info
646-763-1158

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