4923 Monkhouse Dr - Freestanding FOR SALE


Shreveport, LA 71109- Country Club Hills-Lakeshore
$1,620,000 USD
678-613-7327
4923 Monkhouse Dr, Shreveport, LA for Sale
$1,620,000 USD
Freestanding - FOR SALE
1/10
null | 7.7% Cap Rate

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


HIGHLIGHTS

  • Rare ABSOLUTE NNN lease with almost 6 1/2 years remaining in the initial term with 6 five-year renewal options
  • Placer.ai ranks store sales in the Top 27% national wide with a year over year increase in sales of 3.5%. Busy corner location with an upgraded façade
  • Located just off Interstat-20 and near the Shreveport Regional Airport with combined traffic counts of over 65K VPD
  • Shreveport is the 3rd largest city in LA with a 5-mile population of over 91,000 and average household income just under $60K
  • Strong corporate guarantor, Family Dollar, a subsidiary of Dollar Tree with a BBB- investment grade rating. Louisiana License #: 0095683059

OVERVIEW

This rare, absolute NNN Family Dollar in Shreveport, the 3rd largest city in Louisiana, is located just off busy Interstate 20, and near the Shreveport Regional Airport, with combined traffic counts of over 65,000 VPD. It is surrounded by major hotel chains including Best Western, Days Inn, Residence Inn, Economy Inn, and Super 8. This store rocks! Placer.ai shows this established store to be in the top 27% of store sales nationally with year over year sales growth of 3.5%. The ±8,320 SF store on a ±1 acre corner features an attractive upgraded stucco façade. In April of 2026, there will be a 10% rent increase in April 2026 (11th year of the lease term). There are nearly 6.5 years remaining on the initial term. The blended cap rate for the remaining term of over 7.7% with 6 five-year options remaining with current rent/SF at only $13.98! Shreveport, located in NW Louisiana is known as a center of culture, commerce, and entertainment. It is home to Barksdale Air Force Base, the largest employer in the Shreveport-Bossier City MSA, along with other large employers including LSU Shreveport, Louisiana Tech, Southern University, Centenary College, and many national and regional casinos. The five-mile population is over 91,000 and average household income is almost $60K. This successful location has a strong corporate guaranty by Family Dollar, a subsidiary of Dollar Tree with over 16,000 locations throughout the US.

FOR SALE DETAILS

PRICE

$1,620,000 USD

PRICE/SF

$195 USD /SF

CAP RATE

7.7%

% 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

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

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