Property Description
SECURE INCOME STREAM
- New 15-Year NNN Lease, 6% Rent Increase in Year 11
- Investment Grade Tenant, Rated ‘BBB’ by S&P
- Brand New 2023 Construction, Upgraded Façade with Concrete Parking Lot
- Minimal Landlord Responsibilities, 20-Year Roof Warranty
- O’Reilly Has Reported 29 Consecutive Years of Comparable Store Sales Growth
- $13.33 Billion Revenue in 2021, 13% Increase Over 2020
PROXIMITY
- 37,536 Residents in Primary Trade Area
- Just Off I-49 with 39,400 VPD
- $85,375 Average Household Income within 3-Mile Radius
- Adjacent to Super Walmart (Opened in 2016) and Hundreds of Apartment Units
- Minutes to Southern University Shreveport with 3,013 Students
- 7 Miles to New Amazon Fulfillment Center with 1,000+ Employees, Opening 2023
- 12 Miles to Ochsner LSU Medical Center with 1,621 Students, $600M Economic Impact
- Shreveport is Home to Barksdale Air Force Base with 15,000+ Active Duty Military
- Shreveport is the Third Largest City in Louisiana after New Orleans and Baton Rouge
- Shreveport-Bossier City MSA is a Tourist Destination Boasting Over 10,000 Hotel Rooms, Five Casinos, One Horse Racing Track, and 55+ Festivals and Annual Events
- 36 Colleges within 100 Miles with 122,325 Students Combined