4923 Monkhouse Dr - Freestanding FOR SALE


Shreveport, LA 71109- Country Club Hills-Lakeshore
$1,481,500 USD
678-613-7327
4923 Monkhouse Dr, Shreveport, LA for Sale
$1,481,500 USD
Freestanding - FOR SALE
1/10
null | 7.85% Cap Rate

4923 Monkhouse Dr
Shreveport, LA 71109
Country Club Hills-Lakeshore


HIGHLIGHTS

  • TOP THIRD in the U.S. in store sales per Placer.ai with a year-over-year increase in sales of 3.5%!
  • AGGRESSIVE 8.53%+ average cap rate for the remaining 5.75 years of the term based on April 2026 rent increase of 10%.
  • TRAFFIC COUNTS OVER 54K VPD with store located just off Interstate-20 off ramp and near the Shreveport Regional Airport.
  • LARGE METRO AREA - Shreveport is the 3rd largest city in LA with a 5-mile population of over 90,000 and average household income just over $59K.
  • STRONG CORPORATE GUARANTOR - Family Dollar with over 7,500 stores nationwide.
  • Louisiana License #: 0095683059

OVERVIEW

PRICE ADJUSTMENT! This successful absolute NNN Family Dollar has a major price reduction to $1,481,500 or a 7.85% cap rate. It is located near the Shreveport Regional Airport and Interstate 20 with combined traffic counts of over 54,000 VPD. Placer.ai ranks this location in the top 30% nationwide in store sales as compared to other Family Dollars along with 3.5% year over-year growth in store sales! More good news - the blended average cap rate effective April of 2026 with the 10% rent increase is 8.53% for the remaining initial term. This strong performing store, located in an area with a five-mile population over 90,000 and average household income of just over $59K, has over 5 ½ years remaining on the initial term and 6 five-year renewal options with 10% rent increases in each option period. Major hotel chains nearby include Best Western, Days Inn, Residence Inn, Economy Inn, and Super 8. Shreveport is also home to Barksdale Air Force Base, the largest employer in the Shreveport-Bossier City MSA, which includes other major employers - LSU-Shreveport, Louisiana Tech, Southern University, Centenary College, and many national retailers and casinos. This location has a strong corporate guaranty by Family Dollar with over 7,500 locations throughout the U.S.

FOR SALE DETAILS

PRICE

$1,481,500 USD

PRICE/SF

$178 USD /SF

CAP RATE

7.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rare NNN Lease | Net Lease Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

B-3

APN/PARCEL ID

171417-065-0001-00

ASK ABOUT THIS PROPERTY

Nancy MillerBull Realty Inc.More Info
678-613-7327

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

Nancy MillerBull Realty Inc.More Info
678-613-7327

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