In February of 2020, Emerald Creek Capital provided a $3,700,000 acquisition loan in Shreveport, LA. The loan is secured by a 15,210 square foot free-standing retail building currently occupied by a Walgreens pharmacy on a long-term lease. Situated on a 1.58-acre lot, the subject property includes 70 parking spaces and benefits from a prime location at the intersection of two major commercial thoroughfares. Shreveport is a lively city situated on along the Red River in northwest Louisiana. In addition to the restaurants, entertainment, and cultural attractions found in Shreveport’s downtown neighborhood, the area is surrounded by an abundance of parks, gardens, and hiking trails. The subject property is accessible by Interstate 49 and Interstate 20.
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