JLL Brokers Sell Retail Property In Bossier City, Louisiana For $30.5M
540 Boardwalk Blvd, Bossier City, Louisiana 71111, United States
$30,500,000
$54/SF
Building Size
560,343 SF
Asset Type
Retail
Closing
Aug 8, 2022
AI
The retail property located at 540 Boardwalk Blvd in Bossier City, LA has been sold. The transaction was facilitated by Adam Howells, Ryan Shore, Zach Riebe, Matthew Barge, and Cole Sutter of JLL. The property spans across 560,343 square feet and was sold for a price of $30,500,000, resulting in a price per square foot of $54.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $30,500,000
- Address: 540 Boardwalk Blvd, Bossier City, LA
- Market: Bossier City, LA
The deal was successfully closed with the assistance of Adam Howells, Ryan Shore, Zach Riebe, Matthew Barge, and Cole Sutter from JLL. Their expertise in the real estate market played a crucial role in ensuring a smooth transaction.
Players
Bossier City Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.52%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93