$1,060,000 USD
Commercial for Sale, 1509 Doctors Drive, Bossier City, Louisiana 71111
- MLS#21345414
332 m² (3,576 ft²)
Listed By EXP Realty, LLC
The Commercial Property for Sale located at 1509 Doctors Drive, Bossier City, Louisiana 71111 is currently for sale. 1509 Doctors Drive, Bossier City, Louisiana 71111 is listed for $1,060,000.
Property features
Property
- Property size:
332 m² (3,576 ft²) - Features: Handicapped Features
Lot/Land
- Land/Lot size:
0 m² (0.69 ft²) - Lot Description: Sidewalks
Construction
- Year built: 1981
- Construction: Brick
- Basement and foundation: On Slab
Parking/Garage
- Parking description: Parking LotOpen Parking
Interior Features
- Walls: Brick Wall
- Floors: Ceramic Tile
Heating and Cooling
- Heating System: Central
- Cooling System: Central
Utilities
- Other utilities: City WaterCity Sewer
Description
INVESTMENT PROPERTY - LOCATION IS 1509 DOCTORS DR., IN BOSSIER CITY, LA. 71111. CAP RATE OVER 8% AND OWNER HAS A LONGTERM LEASE, JULY 2024 ENDING JUNE 30, 2029, WITH ANOTHER 5 YEAR OPTION TO JUNE 30,2034 FROM A MEDICAL SUPPLY COMPANY. GENERATES $86,400 A YEAR IN RENT CURRENTLY, SELLER ADDED 5K EXPENSE FOR TAXES. RENTAL INCOME INCREASES 3% ANNUALLY, BUILDING HAS BEEN REMODELED, WITH A NEW ROOF AND NEW AIR CONDITIONING UNITS. LARGE LOT WITH ANOTHER BUILDING IN THE REAR, WITH LOTS OF PARKING, WITH ACCESS ON ONE SIDE OF THE BUILDING AND EGRESS ON THE OTHER SIDE. GREAT LOCATION IN NORTH BOSSIER WALKING DISTANCE TO AIRLINE DRIVE, NEAR I-220, I-20 AND I-49. AIRPORT IS ABOUT 10-15 MINUTES AWAY.
Location
1509 Doctors Drive, Bossier City, Louisiana 71111