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1935 Airline Drive

Ari Weber And Yerachmeal Jackobson Acquire Retail Property In Bossier City For $2.5M
SOLDRetail

Ari Weber And Yerachmeal Jackobson Acquire Retail Property In Bossier City For $2.5M

1935 Airline Drive

$2,500,000

$130/SF

Building Size

19,131 SF

Asset Type

Retail

Closing

Mar 19, 2025

AI

The property asset involved in the transaction is a retail space located at 1935 Airline Drive in Bossier City. The transaction was completed for a price of $2,500,000.00 and covers a total area of 19,131 square feet.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,500,000.00
  • Address: 1935 Airline Drive
  • Market: Bossier City
  • Square Footage: 19,131.0
  • Buyer: Ari Weber and Yerachmeal Jackobson
  • Seller: Art Schuldt

The deal involved buyers Ari Weber and Yerachmeal Jackobson acquiring the property from seller Art Schuldt. The transaction reflects the active engagement of the involved parties in the retail market.

Players

Blake Benitez

Silber Investment Properties

Broker

$18.1M

vol

4 deals

Broker

Bossier City Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93