Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1816 Forsythe Ave Monroe, LA 71201

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $3,302 /Mo ($0.68 SF/Yr)

    Prime retail location in a high-traffic commercial corridor.

    Property size:
    58,671 SF
    Lot size:
    58,671 SF

    Property Features for 1816 Forsythe Ave

    General Information

    Size
    58,671 SF

    Source: Gretchen Ezernack, CCIM Agent Gretchen Ezernack, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Forsythe Avenue Retail Opportunity

    This retail location on Forsythe Avenue is situated within a neighborhood shopping center, offering high visibility along a busy corridor. The property benefits from the presence of national tenants, creating an attractive environment for businesses. The location is in the heart of Monroe, near Northgate Shopping Center and various dining, entertainment, and retail options. Its proximity to major highways and residential areas makes it ideal for businesses seeking to attract both local residents and passing traffic. The property features a versatile floor plan suitable for various business needs, including retail, dining, or service establishments. Ample parking is available for customers. The established commercial community fosters synergy and foot traffic, providing a strong customer base. The property is suitable for retail or strip center tenants looking to tap into a thriving consumer base.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Northgate Shopping Center, Murray Place Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Ouachita
    State
    Louisiana
    Longitude
    -92.117023
    Latitude
    32.528711

    Nearby Similar for Lease

    • $3,975 /Mo
      4,800 SF

      Monroe Office Space For Lease

      Office space with modern amenities and flexible floor plans for lease.
      3201 Armand Connector, Monroe, LA 71201
      View Details
    • $2,460 /Mo
      2,705 SF

      Downtown Office with Art Deco

      Historic office space with modern amenities in downtown Monroe.
      342-344 Desiard St, Monroe, LA 71201
      View Details
    • $2,800 /Mo
      2,478 SF

      Retail Space in Thriving Center

      Turnkey retail opportunity with high visibility and strong co-tenancy.
      1821 Avenue Of America, Monroe, LA 71201
      View Details
    • $7,700 /Mo
      4,500 SF

      Executive Office Space on Tower

      Professionally-designed office space available for lease on Tower Drive.
      2461 Tower Dr, Monroe, LA 71201
      View Details
    • $1,640 /Mo
      253,410 SF

      Mixed-Use Retail and Office Property

      Mixed-use development in a high-traffic location with retail and office.
      1008 Oliver Rd, Monroe, LA 71201
      View Details
    • $2,100 /Mo
      1,526 SF

      Modern Office Space in Monroe

      Adaptable office space in a prime Monroe business hub.
      1801 Auburn Ave, Monroe, LA 71201
      View Details

    FAQs

    What type of property is this?
    Shopping center - Prime retail location in a high-traffic commercial corridor.
    Where is this shopping center located?
    The property is located at 1816 Forsythe Ave Monroe, LA.
    What is the lease rate?
    The lease rate is $0.68 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on Forsythe Avenue ensures maximum visibility and exposure.; - Part of an established neighborhood shopping center with national tenants.; - Proximity to Northgate Shopping Center, dining, entertainment, and retail destinations.
    (318) 366-1675
    Request Owner's contact information
    1816 Forsythe Ave Monroe, LA 71201
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1816 Forsythe Ave
    Monroe, LA 71201
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1816 Forsythe Ave Monroe, LA 71201
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.