8000 US-80 - Auto Repair FOR SALE


Shreveport, LA 71119
$3,840,000 USD
844-474-4666
8000 US-80, Shreveport, LA for Sale
$3,840,000 USD
Auto Repair - FOR SALE
1/5
null | 6.25% Cap Rate

8000 US-80
Shreveport, LA 71119


HIGHLIGHTS

  • The Greater Shreveport-Bossier ("GSB") Auto Auction is Operated By America's Auto Auction, Which Manages 39 Auction States
  • America's Auto Auction is a Portfolio Company of Brightstar Capital Partners; Who Currently Have $4.2B in Total AUM
  • The Tenant is Currently Paying $1,000 Per Acre Per Month Which is Well Below the Current Market Rent For the IOS Sector of Nearly $3,000 Per Acre/Mo
  • The Tenant Operates Under an Initial 20-Year Absolute NNN Lease Structure at the Property; Leaving No Responsibilities to the Landlord
  • The Property Enjoys Quick Access to I-20 and I-49 Which Provides Access to All Major US Markets Within a 40-Hour Drive Time
  • The Property is Surrounded By National Logistics and Distribution Operators Like Hyundai Glovis; Averitt; Old Dominion Freight Line; R+L Carriers etc

OVERVIEW

Sands Investment Group is Pleased to Exclusively Offer For Sale the 20,660 SF America's Auto Auction Located at 8000 US-80 in Shreveport, LA. The Tenant Operates Under an Initial 20-Year Absolute NNN Lease Structure at the Property; Leaving No Responsibilities to the Landlord; There are More Than 17-Years Remaining in the Primary Term and Four, Five-Year Options Extend Into 2061; This Creates Passive and Long-Term Income For the Landlord, Providing For a Secure Investment. In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman Lic. LA #BROK.0995700567-ACT

FOR SALE DETAILS

PRICE

$3,840,000 USD

PRICE/SF

$186 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

America's Auto Auction - Shreveport, LA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Dealership, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

20 AC

LAND SF

871,200 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Stratton GreigSands Investment Group Austin, LLCMore Info
844-474-4666

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

Stratton GreigSands Investment Group Austin, LLCMore Info
844-474-4666

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