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Bank Branch with Drive-Through
For Lease
$8,327/Mo

1816 FORSYTHE AVENUE, Monroe, LA 71201

COMMERCIAL/INDUSTRIAL, Monroe, LA

Space SizeContact for details
Lot Size4.50 Acres
Days on Market721

Property Features for 1816 FORSYTHE AVENUE

General Information

Property type Residential
Property subtype Retail
Zoning description B-2
Rooms Office
Exterior features Landscaping
Lot features Loc. in City Limits
Directions Louisville to North 18th St; right on Forsythe Ave.; property is on the right in Northgate Shopping Center
Subdivision 113 North Monroe
Standard status Active
APN 43074
Lot size 4.50 Acres

Taxes and HOA fees

Tax Description see associated docs
Legal Description see associated docs

Utilities

Heating system Electric (Heating), Central
Cooling system Central Air

Amenities

teller stations
walk-in vault
open lobby
offices
conference room
boardroom
break areas
server room
Listing Agency: Faulk & Foster Real Estate Services
Listed By: Gretchen Ezernack · License ##42297-A
Added: Sep 18, 2024 Changed: Sep 8 Last Checked: Sep 8 at 5:06PM
MLS# 211768

Copyright © 2026 Northeast Louisiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This former bank branch in Northgate Shopping Center offers a commercial layout with a drive-through, three teller stations, a walk-in vault, and a large open lobby. The interior includes eight offices, a small conference room connected to one office, two break areas, a server room, and a mechanical room. A separate conference room and large boardroom provide direct exterior access.

The property is situated on a 4.5-acre site at 1816 Forsythe Avenue in Monroe, Louisiana. Central air conditioning and electric central heating serve the building, while landscaping is included among the exterior features. The lease structure requires a minimum 60-month term; interior maintenance is the tenant’s responsibility, excluding the roof and structural components.

Key Highlights

  • Bank branch space with drive‑through and 3 teller stations
  • Walk‑in vault and large open lobby
  • 8 offices, including one with an attached small conference room

Property Analytics

Current Use

Banks

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Daycare Center Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,088
Businesses Nearby
179k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Groceries 34% Shops & Services 14% Apparel 2%
Walmart Neighborhood Market Groceries
36,006 visits/mo 0.3 miles
Brookshire's Groceries
24,921 visits/mo 0.2 miles
McDonald's Dining
19,306 visits/mo 0.4 miles
Starbucks Dining
17,823 visits/mo 0.1 miles
SONIC Drive In Dining
17,381 visits/mo 0.4 miles

Demographics for 71201, LA

21,565
Population
10,352
Households
2.1
Avg Household Size
39
Median Age
43%
College-Educated
92%
High-School Grad
14.9 sq mi
ZIP Area
1,447
Density / Sq Mi
$53,538
Median Household Income
$44,262
Median Earnings
$882
Median Rent
$247,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Bank - Former bank branch in Northgate Shopping Center with offices, boardroom, vault, and centralized HVAC.
Where is this bank located?
The property is located at 1816 FORSYTHE AVENUE Monroe, LA.
What is the lease rate?
The lease rate is $8,327/Mo.
What are key features of this property?
This property features: Bank branch space with drive‑through and 3 teller stations; Walk‑in vault and large open lobby; 8 offices, including one with an attached small conference room
More about this property
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