509 Marshall St - Office FOR SALE


Shreveport, LA 71101- Downtown Riverfront
$2,200,000 USD
646-763-1158
509 Marshall St, Shreveport, LA for Sale
$2,200,000 USD
Office - FOR SALE
1/39
null | Request Cap Rate

509 Marshall St
Shreveport, LA 71101
Downtown Riverfront


HIGHLIGHTS

  • 17-story historic office tower located in downtown Shreveport.
  • Nearly fully occupied with a current 98% leased rate, offering stable income.
  • Opportunity Zone designation with potential for preferential tax treatment.
  • Positioned within walking distance of the Caddo Parish Courthouse and city government offices.
  • Adjacent to the Shreveport Convention Center, major casinos, restaurants, and historic districts.
  • Convenient access to I-20 and I-49, connecting to regional markets and Shreveport Regional Airport.

OVERVIEW

The Dean Slattery Building in downtown Shreveport presents an outstanding opportunity for investors to acquire a well-positioned asset in the city’s historic core. Spanning 17 stories with a total of 181,764 square feet, and currently offered as an investment property, this building’s appeal is enhanced by its designation in an Opportunity Zone, providing potential tax advantages for qualifying buyers. 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 returnsPriced at $2,200,000, the offering reflects substantial intrinsic value with room for long-term appreciation. Located adjacent to the Caddo Parish Courthouse and near the Shreveport Convention Center, prominent casinos, and local cultural destinations, the building benefits from significant foot traffic and strong connectivity to the city’s economic drivers. With its rich architectural character, proximity to major transport corridors, and diverse tenant base, this asset stands as a rare chance to participate in the ongoing resurgence of Shreveport’s downtown business district.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$12 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dean Slattery Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

17

BUILDING CLASS

C

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

Commercial

APN/PARCEL ID

181437-138-0029-00

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.