Listing Agency: Faulk & Foster Real Estate Services G***@faulkfoster.com Show Phone

Listed By: Gretchen Ezernack · License ##42297-A Show Phone

Source: Exprealty

Added: Sep 18, 2024 Changed: Aug 20 Last Checked: Aug 21 at 9:56AM

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Investment Insights

Based on property information with market context.

This property is the former location of a B-1 Bank situated in the Northgate Shopping Center. It features a bank branch with a drive-thru, three teller stations, and a walk-in vault. The interior includes a large open lobby with eight offices, one of which has an attached small conference room. There are also two break areas, a server and mechanical room, a conference room, and a large boardroom with direct access to the exterior. The floorplan is attached, but note that modifications may have been made. The property is available "as is".

Key Highlights

• Former bank branch with drive‑thru.
• Located in Northgate Shopping Center.
• Includes walk‑in vault.

Property Analytics

Property Profile

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.

Location Intelligence

Trade Area within ½ mile

1,088

Businesses Nearby

179k

Monthly Visits Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this banks located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Bank - Bank branch with drive-thru in Northgate Shopping Center.

Where is this bank located?

The property is located at 1816 Forsythe Ave Monroe, LA.

What are key features of this property?

This property features: Former bank branch with drive‑thru.; Located in Northgate Shopping Center.; Includes walk‑in vault.