Multi-Tenant Retail
For Sale
Contact for pricing
5000 Forsythe Bypass, Monroe, LA 71201
Multi-tenant retail center built in 2000, currently 93% occupied with triple-net leases.
Property Size18,583 SF
Lot Size2.10 Acres
Days on Market137
Property Features for 5000 Forsythe Bypass
General Information
Standard status
Active
Size
18,583 SF
Lot size
2.10 Acres
Property subtype
Retail
Occupancy
93%
Site & Location
Traffic Count
32,000 vehicles/day
Highway Access
Yes
Building Details
Year Built
2000
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Dallas
(972) 755-5225
Listed By:
Philip Levy · License #TX 522087
Source:
Crexi
Added: Apr 10
Changed: Aug 22
Last Checked: Aug 14 at 7:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
Forsythe Center is an 18,583-square-foot, multi-tenant retail center constructed in 2000 and situated on 2.1 acres. The property is currently 93% occupied and is operated under triple-net leases. Tenants listed in the remarks include IBM, Anytime Fitness, Unique Barber, Daniel K Martisius DDS, a Medical Clinic, and Bancorp South Bank.
The center is located on Forsythe Bypass near the signalized intersection with Sterlington Road (Highway 165). Traffic counts are approximately 32,000 vehicles per day on Forsythe Bypass. The surrounding retail area includes a mix of national and regional retailers such as Burger King, Chevron, CVS Pharmacy, Waffle House, Enterprise Rent-A-Car, Family Dollar, Wingstop, AT&T, and Sherwin-Williams.
For tenants and investors, Forsythe Center offers an established retail mix in a maintained, NNN structure with vacancy remaining for new lease-up.
The center is located on Forsythe Bypass near the signalized intersection with Sterlington Road (Highway 165). Traffic counts are approximately 32,000 vehicles per day on Forsythe Bypass. The surrounding retail area includes a mix of national and regional retailers such as Burger King, Chevron, CVS Pharmacy, Waffle House, Enterprise Rent-A-Car, Family Dollar, Wingstop, AT&T, and Sherwin-Williams.
For tenants and investors, Forsythe Center offers an established retail mix in a maintained, NNN structure with vacancy remaining for new lease-up.
Key Highlights
- 18,583 SF multi‑tenant retail center in Monroe, LA, constructed in 2000
- Currently 93% occupied, with vacant space offering upside potential for leasing
- Multi‑tenant mix includes IBM, Anytime Fitness, Unique Barber, Daniel K Martisius DDS, a medical clinic, and Bancorp South Bank
Property Analytics
Property Profile
Current Use
Lease Details
32,000 VPD
Traffic count
93%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
38k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 41%
Dollar General
Shops & Services
11,707 visits/mo
0.5 miles
Chevron
Shops & Services
10,716 visits/mo
0.1 miles
Waffle House
Dining
7,081 visits/mo
0.1 miles
El Paso Mexican Grill
Dining
6,831 visits/mo
0.3 miles
Chile Verde
Dining
1,830 visits/mo
0.3 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail center built in 2000, currently 93% occupied with triple-net leases.
Where is this shopping center located?
The property is located at 5000 Forsythe Bypass Monroe, LA.
What are key features of this property?
This property features: 18,583 SF multi‑tenant retail center in Monroe, LA, constructed in 2000; Currently 93% occupied, with vacant space offering upside potential for leasing; Multi‑tenant mix includes IBM, Anytime Fitness, Unique Barber, Daniel K Martisius DDS, a medical clinic, and Bancorp South Bank
