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9220 Wallace Lake Road
Shreveport, LA 71106
Asking Price
$1.40M
Asset Type
Bar Retail
Class
Class B
What's Special
<p>• 7,650 SF freestanding commercial building</p><p>• 0.664+/- acre lot with on-site parking</p><p>• Built in 2019 — modern construction</p><p>• C-3 zoning (wide range of commercial uses permitted)</p><p>• Approximately 5,800 VPD (Per Louisiana DOTD)</p><p>• Previously operated as a restaurant</p><p>• Two kitchen areas</p><p>• Two bars</p><p>• Two separate dining sections</p><p>• Large dedicated dishwashing bay</p><p>• Exposed wood beams, shiplap walls, slate-tone tile flooring</p><p>• Fenced o
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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234
