2100 Louisville Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
2100 Louisville Ave
23,000 SF Retail Building Monroe, LA 71201 $2,943,972 ($128/SF) 7% Cap Rate
Investment Highlights
- Investment Grade Tenant (S&P: BBB-)
- Recent 2023 Renovations
- Strong Retail Corridor
- Target Demographics
- Absolute NNN, Zero Landlord Responsibilities
Executive Summary
Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a fee simple interest in the Dollar Tree property located in Monroe, LA (The Property”). The Property consists of a 23,280 square foot freestanding retail building on a 1.96 acre parcel of land. Dollar Tree is operating under an Absolute NNN lease with zero landlord responsibilities. There are currently ± 4.5 years remaining on the lease term with one (1), five (5) year extension option remaining.
The Property is located in Monroe, Louisiana. The Property benefits from strong access and visibility from Louisville Ave (20,000+ VPD), which considerably helps to drive consumers to the site. Additionally, the Property features strong local demographics with over 48,000 individuals living within a 3-mile radius.
The Property is located in Monroe, Louisiana. The Property benefits from strong access and visibility from Louisville Ave (20,000+ VPD), which considerably helps to drive consumers to the site. Additionally, the Property features strong local demographics with over 48,000 individuals living within a 3-mile radius.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
23,000 SF
Building Class
C
Year Built
1998
Price
$2,943,972
Price Per SF
$128
Cap Rate
7%
NOI
$206,078
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Land Acres
2.00 AC
Zoning
C - Commercial
Parking
117 Spaces
Frontage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 46982 | Improvements Assessment | $133,517 |
| Land Assessment | $44,993 | Total Assessment | $178,510 |
PROPERTY TAXES
Parcel Number
46982
Land Assessment
$44,993
Improvements Assessment
$133,517
Total Assessment
$178,510
-
Jason Powell -
Colin Couch -
Northmarq
(404) 823-6754
x759
1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
2100 Louisville Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.