Centrally Located Office Buildings for Sale

3903-3919 Southern Ave and 3949 Southern Ave, Shreveport, LA 71106

Property Information

  • For Sale $2,800,000
  • Property Type Office - General Office
  • Property Size 19,915 SF
  • Lot Size 0.73 Acre
  • Parking Spaces Avail. 37
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Renovated 2022
  • Date Updated May 3, 2026

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.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.Newly renovated, the total building area is approximately 9,800 square feet with multiple suites available for lease and the entire property being available for sale. Located right off of I-49 at the corner of Ockley Drive and Southern Avenue, this office center is suitable for many types of businesses with excellent traffic exposure. The property is in close proximity to Mall St. Vincent and Ochsner LSU Health Shreveport and is just a mile north of Pierremont Road. There are four units available for lease. Each unit has a glass storefront with high-quality window tinting to reduce heat and lower utility costs. Please contact the listing agent for additional information.

Highlights

  • ±10,115 SF single-tenant medical facility
  • ±19,915 SF two-property portfolio offered at $2,800,000
  • ±9,800 SF multi-tenant office, recently renovated
  • 3949 Southern Avenue
  • 5.7% cap rate with balanced risk profile
  • CPI-based rent increases (15% cap)
  • Diversified income stream with long-term stability and near-term upside
  • Flexible suite layouts with modern storefronts
  • High-visibility location with access to I-49
  • Investment Highlights
  • Lease term through 08/31/2029
  • Leased to Fresenius Medical Care
  • Lease-up opportunity to increase NOI
  • Located in established healthcare corridor with strong demand drivers
  • Medical tenancy in place with near-term lease expiration (10/31/2026)
  • NNN lease structure
  • Proximate to I-49, Mall St. Vincent, and Ochsner LSU Health Shreveport
  • Stable NNN income stream anchored by national medical tenant
  • Stable, long-term income stream
  • Strong renewal probability

Contacts

Emily Bynum

Sealy Real Estate Services

Location

Located at 3903-3919 Southern Ave and 3949 Southern Ave, Shreveport, LA 71106, this property is part of the Caddo Heights - South Highlands neighborhood.

Contact Listing Broker
Emily Bynum

Sealy Real Estate Services

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