Documents
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Attributes
Year Built | 2005 |
Building Area Net |
|
Land Area Net |
|
Occupancy | 67.0 % |
Asset Description
JLL Retail Capital Markets (“JLL”) is pleased to present the exceptional opportunity to acquire the Louisiana Boardwalk (the “Property”), a unique, value add entertainment and shopping development located in Shreveport/Bossier City, LA. The Property is anchored by an impressive line-up of tenants that include Bass Pro Shops Outdoor World, Regal Cinemas, and Margaritaville Resort Casino (shadow), comprising more than 560,000 square feet of office and retail space. Currently at 67% leased and offering 185,000 square feet of available retail and office space, a new owner will be able to capitalize on an excellent anchor foundation, institutional quality physical asset, while also taking advantage of a basis that will ultimately provide flexibility to re-envision the Property.
Investment Highlights
- Opportunistic returns
- Value add investment
- Institutional quality asset offered at fraction of replacement cost
- Public / private ownership
- Super regional trade area