Commercial Sale in Bossier City

$1,060,000

1509 Doctors, 71111, Bossier City, LA

Commercial Sale for sale in Bossier City, 1509 Doctors, 71111

1509 Doctors, 71111, Bossier City, LA

$1,060,000

Type: Commercial Sale

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, 71111, Bossier City, LA

Data

Object TypeCommercial Sale
Purchase Price$1,060,000
Living Space0 m²
Plot Size2780.19 m²
BathroomsN/A
Construction Year1981
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeCentral
Primary Energy SourceN/A
Construction Year1981
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent

R

Real Estate Agent