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Two brick veneer, concrete block and frame office buildings on a 0.82+ acre corner lot at the southeast corner of Benton Road and Broadway Street in the heart of Bossier City.
Building 1 (1816-18-20 Benton Rd.) = 4,274 SF with three suites. 1816 & 1818 are leased and producing income of $1,950/month. Additional income of $1,800+/month available with lease of 1820.
Building 2 (1824 Benton Rd.) = 4,686 SF single suite is leased and currently producing income of $3,555/month.
Bossier is the fastest growing parish in Louisiana, and Bossier City has been experiencing rapid, consistent growth over the past decade. Benton Road is a major north-south traffic artery in town.
This property is zoned B-2 and is approximately 1/2 mile north of East Texas Street/US Hwy. 79-80, 1-1/2 mile north of I-20, 1-1/2 mile south of I-220, 2 miles from the popular Louisiana Boardwalk shopping/restaurant/theater Riverfront District, 2-1/2 miles from Shreveport’s Central Business District. - Class of space: Class B
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Most listings are in the $10's per square foot per year. The Bossier City submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $20 per sqft per year. That's a Inf% increase in rent.
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