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Payman Mahjoory

Fortis Net Lease

Property Details

Property Type Retail - Street Retail
Property Size 44,665 SF
Lot Size 3.25 Acre
Property Tenancy Single Tenant
Year Built 1980
Year Renovated 2011
Date Updated Aug 19, 2026

Shreveport is a city in the U.S. state of Louisiana. It is the most populous city in the Shreveport-Bossier City metropolitan area. Shreveport extends along the west bank of the Red River (most notably at Wright Island, the Charles and Marie Hamel Memorial Park, and Bagley Island) into neighboring Bossier Parish. Shreveport and Bossier City are separated by the Red River. Shreveport is the educational, commercial and cultural center of the Ark-LaTex region, where Arkansas, Louisiana, and Texas meet. Companies with signiﬁcant operations or headquarters in Shreveport are AT&T, Chase Bank, Regions Financial Corporation and APS Payroll. The City of Shreveport is widely known for its dockside riverboat casinos. Prominent among these are: Boomtown Casino and Hotel, Diamond Jacks Casino Resort, Eldorado Resort Casino, Horseshoe Casino and Hotel, and Sam’s Town Hotel and Casino. The city today has largely transitioned to a service economy, having become a popular tourist destination largely due to its various riverboat casinos and numerous historic landmarks.Fortis Net Lease is pleased to present this two-unit Joe Hudson's Collision Center portfolio located in the Shreveport, Louisiana area. Joe Hudson's Collision Center occupied the two properties in September 2022 and established a new 10-Year lease. There is 9.5 years remaining on the lease with four five-year options. There are 5% rent bumps every five years. There is approximately 4,600 SF of available space at the Barksdale Boulevard location which can be leased for additional rent. The Shreveport MSA is home to approximately 148,500 residents within five miles. The average household income within five miles is $63,750. The subject properties are located at the following: 1) 8752 Business Park Drive, Shreveport, LA and 2) 2654 Barksdale Boulevard, Bossier City, LA. The properties are all located in a dense area of National Credit Tenants including O'Reilly, Circle K, RaceWay, CVS, Walgreens, Kroger, Walmart, Firestone, Mavis Discount Tires, Dollar General, Family Dollar, Advanced Auto Parts, Planet Fitness, AT&T, Chase Bank, and many Quick Service Restaurants.

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Highlights

Available SF for Rent: Opportunity to increase NOI and CAP rate by leasing 4,600 SF of available space
Demographics (5-Miles): Nearly 148,500 residents and 60,300 Households within 5 miles; Avg. HH Income of$63,750
Distracted Driving is on the rise, spurring Demand; 660,000 of drivers are using their cell phones while operating a vehicle at any moment in the day (NHTSA). 35% of teens admit to texting and driving, even though 94% of them understand the dangers(AAA).
Excellent Visibility, Access & Street Frontage: Both properties are situated directly off a major highway with daily traffic counts exceeding 40,000 VPD
Lease:9.5 years remaining on 10-Year Lease with Four Five-Year Options; 5% Rent Bumps Every Five Years
Recession Resistant Business: Over 290 million vehicles on the road
Two-Unit Portfolio Located in Shreveport, Louisiana: