3903-3919 and 3949 Southern Ave 2 biens | À vendre | 2 453 416 € | Shreveport, LA

Property Description
This two-property portfolio at 3903-3919 and 3949 Southern Avenue offers a strategic blend of stable income and value-add upside in a high-traffic Shreveport corridor. Totaling ±19,915 square feet and offered at $2,800,000 (5.7% cap rate), the assets are positioned near I-49, Mall St. Vincent, and Ochsner LSU Health Shreveport.
3903-3919 Southern Avenue is a recently renovated ±9,800 SF multi-tenant office property with flexible suite configurations and leasing upside. The asset features strong visibility, modernized storefronts, and energy-efficient improvements. Current tenancy includes a medical user with a lease expiring October 31, 2026 and a strong likelihood of renewal, while remaining availability provides an opportunity to increase occupancy and drive NOI.
3949 Southern Avenue is a ±10,115 SF single-tenant medical property leased to Fresenius Medical Care on a NNN basis through August 31, 2029. The lease provides stable cash flow with built-in CPI-based increases (capped at 15%) and renewal options, offering long-term income security.
Location Description
This Property is located at the intersection of Ockley Drive and Southern Avenue right off of I-49. It is in close proximity to Mall St. Vincent and Louisiana State University Medical Center and is just a mile north of Pierremont Road.