Regal Court

Price: $2,773,000
Sq. Ft.: 6,600
Cap Rate: 6.61%
Built: 2011

Regal Court is a 6,600-square foot multi-tenant retail center located within a regional power center in Shreveport, Louisiana. The center is 100 percent occupied by Genghis Grill, Orange Leaf, and In & Out Phone Repair. All of the leases are triple-net and have personal guaranties. Genghis Grill and Orange Leaf are both corporate stores, and In & Out Phone Repair is operated by a multi-unit franchisee. Orange Leaf also recently executed a five-year renewal option. Situated on 1.35 acres, the building was constructed in 2011.