1691 Bienville Dr | Monroe, LA 71201
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1691 Bienville Dr
Monroe, LA 71201
U.S. Department of VA - Monroe Clinic · Office Property For Sale
PROPERTY FACTS
Property Type
Building Size
21,124 SF
Building Class
A
Year Built
2013
Tenancy
Single
Building Height
1 Story
Typical Floor Size
21,124 SF
Building FAR
0.14
Lot Size
3.50 AC
Parking
98 Spaces (4.64 Spaces per 1,000 SF Leased)
About 1691 Bienville Dr , Monroe, LA 71201
The offering is a single-tenant, build-to-suit U.S. Department of Veterans Affairs Clinic in Monroe, LA. The tenant is on an original ten-year term with approximately five and a half years remaining. The VA designed the building for long-term use with an area for additional expansion of 5,000 SF. There are currently 304,271 veterans in Louisiana, of which 40% are over the age of 65. There is a TI amortization that burns off on 9/30/2023 that will lower the cap rate in option periods.
PROPERTY TAXES
| Parcel Number | 118721 | Improvements Assessment | $437,802 |
| Land Assessment | $71,202 | Total Assessment | $509,004 |
PROPERTY TAXES
Parcel Number
118721
Land Assessment
$71,202
Improvements Assessment
$437,802
Total Assessment
$509,004
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