301 Benton Rd - Office FOR SALE


Bossier City, LA 71111- North Bossier
$3,750,000 USD
225-329-0269
301 Benton Rd, Bossier City, LA for Sale
$3,750,000 USD
Office - FOR SALE
1/12
null | Request Cap Rate

301 Benton Rd
Bossier City, LA 71111
North Bossier


HIGHLIGHTS

  • Unique opportunity to purchase an office building priced well-below replacement cost
  • The property was most recently single-tenant net leased with a long-term lease & minimal landlord responsibilities (investment prospective)
  • Over $3,400,000 in extensive phased renovations to the entire building completed in 2018
  • Exclusive, lighted, on-site parking for employees and guests
  • Office has great curb appeal, excellent visibility and access to all passing traffic
  • Existing FF&E negotiable and can be included in sale or lease

OVERVIEW

Recently renovated two-story office building located in Bossier City, Louisiana. The building was most recently occupied by General Dynamics Information Technology (GDIT), a publicly traded, aerospace and defense corporation with offices throughout the United States. The office building was originally constructed as a retail bank operation and served as the bank’s headquarters. The subject property is ideal for professional office users. 301 Benton Road is strategically positioned at the signalized intersection of Benton Road and LA Hwy 3 (Benton Spur). The hard-corner parcel consists of 4.31 acres +/- and includes a well-lit concrete parking lot with seven (7) drive-thru lanes. The drive-thru lanes were most recently used for covered parking. The 34,290 sq. ft. building includes 16,528 sq. ft. on the first floor and 15,960 sq. ft. on the second floor. The subject property has been meticulously maintained by its current owner. In 2018, extensive phased interior renovations to the building were completed, consisting of quality Class A amenities and colorful interior finishes. The sales price is well below the replacement cost for similar assets.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$109 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

226

LAND DETAILS

LAND ACRES

4.31 AC

LAND SF

187,744 SF

ZONING

NONE

APN/PARCEL ID

129940

ASK ABOUT THIS PROPERTY

Justin LangloisStirling PropertiesMore Info
225-329-0269

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Justin LangloisStirling PropertiesMore Info
225-329-0269

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