4.38 Acres at Monkhouse @ I-20

Highlights

• LISTING PRICE: $1,500,000
• LARGE SITE: This site consists of two parcels, one being a former hotel and the other being the lot behind it. Both of these sites make up ±4.38 acres right off the interstate and provide over 584 feet of frontage along I-20.
• LOCATED OFF INTERSTATE: This site is located right off I-20 exit 13. This is the same exit Shreveport Regional Airport is on and has plenty of road frontage on I-20. With I-20 running west into Texas and East to the coast, I-20 is a popular route for travelers going from Texas to the Coast.
• NEAR REGIONAL AIRPORT: Situated a mere 0.8 miles away from the Property and seven miles southwest of the central business district, the Shreveport Regional Airport serves as a convenient gateway to the city. In 2019 alone, this public-use airport catered to 683,498 passengers, offering flights to major destinations such as Dallas, Los Angeles, Atlanta, Houston, Orlando, Destin, Charlotte, and Las Vegas.
• GREAT ACCESS: The property is located on a corner with full-motion access and is right off the north side of I-20.
• GREAT REDEVELOPMENT LAND: The property is currently a vacant hotel that is no longer running and would make for an excellent redevelopment play. With only demolition required this site is flat and easily developable.

Description

The Finem Group at Meybohm Commercial is pleased to exclusively present these two parcels for a total of ±4.38 acres of development land on Monkhouse Dr in Shreveport, Louisiana.

This property is a former hotel that is vacant and not functional. The property is being presented as a redevelopment opportunity to a retail users or to a developer. This site would be perfect for a large C-Store or a new hotel development.

The site is located right off I-20 which has over 55,000 VPD. The property features 584 feet of frontage along the I-20 onramp and outstanding visibility. It sits on the corner of Monkhouse (10,000 VPD) W Monkhouse Dr. It has visibility from I-20 and full motion access.

On the other side of the interstate is the Shreveport Regional Airport.

Located less than a half mile from the Shreveport Regional Airport, which is Louisiana's third busiest airport. Positioned strategically as the epicenter of the Arkansas-Louisiana-Texas region, this city acts as a magnetic force drawing inquisitive minds and ambitious businesses from all directions. Its diverse economic landscape boasts pillars of education, logistics, finance, retail, oil, and entertainment, shaping a dynamic tapestry of opportunities. Five esteemed universities, including Centenary College of Louisiana, Louisiana State University Shreveport, Louisiana Tech University Shreveport, Southern University at Shreveport, and Louisiana Baptist University, form the cornerstone of its esteemed education industry. Notable corporate giants, such as Amazon, Regions Financial Corporation, JPMorgan Chase, Sam's Town Hotel and Gambling Hall, AT&T Mobility, United Parcel Service, Walmart, Chick-fil-A, Waffle House, SWEPCO, General Electric, UOP LLC, Calumet Specialty Products Partners, and APS Payroll, have chosen to call Shreveport their home. Situated just off the convenient Interstate 20, the Knights Inn Shreveport enjoys an enviable location that grants unrivaled visibility and swift access to travelers traversing the east-west corridor. Notably, its proximity to the bustling Shreveport Regional Airport, the third busiest airport in the state, adds an extra layer of convenience for discerning guests.

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