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800 North Spring Street
Shreveport, LA 71101
Asking Price
$1.35M
Asset Type
Traditional Office Office
Class
Class B
What's Special
100% leased - Downtown Office For Sale <ul><li>17,162 square feet</li><li>100% leased</li><li>Average rental rate: $17.32 PSF GROSS</li><li>Vacant parking lot: 0.414 acres</li><li> High-Visibility Location – First office building you see when entering Downtown Shreveport from</li><li>I-20 via Spring St.</li><li>Generous Parking – Approximately 100 on-site</li><li>parking spots with easy entrance and exit</li><li> Turnkey condition – Recently updated with new paint; landlord covers electricity, water and cleaning services for
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NOI
$80,000
Cap Rate
5.93%
DSCR
1.00
Underwater
Cash-on-Cash
-0.04%
Monthly Payment
$6,679.063
Annual Cash Flow
$-148.761
