8932 Jewella Ave., Shreveport, LA 71118

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Mitch G.

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Building Details:

8932 Jewella Ave. is an office property for lease in Shreveport, LA. The property currently has 1 office space for lease and is marketed by Walker-Alley & Associates.

This investment property is a former Books-A-Million building that was remodeled into office space in 2010. This property is located on Jewella Ave., one block south of the Inner Loop (HWY 3132).

The tenant is a department of the State of Louisiana and on a new 5-year lease with a 5-year option (April 2010).

The property is 20,205 square foot facility with a 6,145 square foot expansion area for lease that includes a loading dock on the backside of the building. This building has a concrete block masonry unit exterior, a steel frame, and a new roof.

The Cap Rate (7.5%) is based on the State Lease only.

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