Kings Crossing

Location: Shreveport, LA
Type: Retail
Price: $ 27,500,000

Kings Crossing is a 138,411 SF (270,805 SF inclusive of ground leased structures) retail center that is 100% leased. The property is anchored by Lowe’s Home Improvement, Conn’s Appliances, Petsmart and Cost Plus World Market. In addition, the center includes restaurant pads that are ground leased to Macaroni Grill and Longhorn Steakhouse, among others. More than 90% of the center is leased to national retail tenants. The Property is located in a highly concentrated retail corridor at the intersection of Youree Drive and East 70th Street, which serves as the primary retail corridor for the Shreveport market. SMC provided acquisition financing for the sponsor’s purchase of the Property via an Auction.com sale.