161 Freestate Blvd - Fast Food FOR SALE


Shreveport, LA 71107
$1,250,000 USD
318-213-1555
161 Freestate Blvd, Shreveport, LA for Sale
$1,250,000 USD
Fast Food - FOR SALE
1/7
null | Request Cap Rate

161 Freestate Blvd
Shreveport, LA 71107


HIGHLIGHTS

  • Excellent location and opportunity!
  • QSR Redevelopment

OVERVIEW

KW Commercial is pleased to offer for sale this QSR redevelopment opportunity, located along the busy N. Market Street corridor north of Downtown Shreveport, and approximately 1.0 mile from the +/-3.0 MM Sq.Ft. Amazon Robotic Fulfillment Center. Amazon is actively hiring employees and engineers in preparation of opening in August of 2024. North Market (State Hwy 1) boasts traffic counts of between +/-24,000 and +/-33,000 CPD, which continues to provide strong historical sales for quick service restaurants located along N. Market. Built in 2013, the building is +/-2,390 SF and sits on just over a half-acre, with curb cuts on N. Market and Freestate Boulevard. With a single drive-through window and compact dining room, the facility could be redeveloped into a drive-through/take-out concept, better serving customers desiring a post-COVID limited operation setting. The newer construction and small store footprint provide a new operator an opportunity for a lower capital investment/conversion cost, compared to some of the larger footprint/older QSR conversion locations currently on-market, or sold in recent years. In addition, the subject property still contains most of the FF&E, making this opportunity a turnkey operation within approximately 60 days from time of purchase. For more details, or to schedule a tour, please contact Trenton Siskron @ 318.213.1555.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$523 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

QSR Near New Amazon Facility Opening Aug-24

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

I-MU

APN/PARCEL ID

181423-046-0012-00

ASK ABOUT THIS PROPERTY

Trenton SiskronKW Commercial NWLAMore Info
318-213-1555

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Trenton SiskronKW Commercial NWLAMore Info
318-213-1555

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