About 9200 Wallace Lake Road
Two buildings - 9200 Wallace Lake (Salon) and 9210 Wallace Lake (Retail with tenant). Three bedroom, two bathroom apartment on the second floor of Salon that could easily be leased out as well. Great lease income from the salon and apartment but there is also a lease with Lamar for the billboard on the property. Three times a year a small part of the parking lot is leased out for fireworks or Christmas tree sales. 5 year lease on Salon (NNN) with a cap rate of over 10%. Possible 5 year lease on retail building (NNN) with a cap rate of over 10%. Outstanding location and investment opportunity.
Features of 9200 Wallace Lake Road
| MLS® # | 20610643 |
|---|---|
| Price | $1,549,800 |
| Bathrooms | 0.00 |
| Acres | 1.05 |
| Year Built | 2013 |
| Type | Commercial |
| Sub-Type | Business |
| Status | Active |
Community Information
| Address | 9200 Wallace Lake Road |
|---|---|
| Subdivision | Pippin |
| City | Shreveport |
| County | Caddo |
| State | LA |
| Zip Code | 71106 |
Amenities
| Utilities | City Sewer, City Water |
|---|---|
| Garages | Shared Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
Exterior
| Roof | Metal |
|---|---|
| Construction | Brick, Siding |
| Foundation | Slab |
Additional Information
| Zoning | C-3 |
|---|---|
| Listing Provided By | Pinnacle Realty Advisors |
| Contact Info | 318-233-1045 |
| Buyer Agent Commission | 2.5% |