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$ 1,060,000
Est. payment | /mo
0.69 Acres Lot
$ 1,060,000
Est. payment | /mo
0.69 Acres Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision Medical Plaza Sub
MLS Listing ID 21345414
Total Fin. Sqft 3576
Year Built 1981
Annual Tax Amount $2,626
Lot Size 0.687 Acres
Acres 0.687
Lot Dimensions 100'X299'X100'X299'
Property Sub-Type Office
Property 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
State LA
County Bossier
Zoning B-3
Direction GPS FOR DRIVING DIRECTIONS TO 1509 DOCTORS DRIVE IN BOSSIER CITY, LA. 71111.
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Heat Source Central
Exterior
Utilities Available City Sewer, City Water, Sidewalk
Roof Type Other
Garage No
Building
Foundation Slab
Structure Type Brick
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Listed by Donna Tidwell • EXP Realty, LLC
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