Class A Office and Retail
For Sale
$23,000,000
130 Desiard Street, Monroe, LA 71201
Seven-building Class A office and retail portfolio with 409 dedicated parking spaces and whole-building generators in Flood Zone X.
Property Size290,000 SF
Price / SF$79.32
Days on Market145
Property Features for 130 Desiard Street
General Information
Standard status
Active
Size
290,000 SF
Class
A
Total Parking Spaces
409
Property subtype
Other
Warehouse & Industrial
Heavy Power
Yes
Sprinkler System
Yes
Building Details
Building Size
290,000 SF
Units
7
Listing Agency:
Saurage Rotenberg Commercial Real Estate
Listed By:
Matthew Shirley · License #SALE.0995682439-ACT
Source:
Commercialcafe
Added: Apr 2
Changed: Aug 8
Last Checked: Aug 18 at 7:35AM
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 Saurage Rotenberg Commercial Real Estate
Investment Insights
Based on property information with market context.
A seven-building Class A office and retail portfolio totals 289,959 rentable square feet and includes 409 dedicated parking spaces across a structured garage, surface lot, and street-adjacent locations. The properties are well maintained and sprinklered where applicable, and they are located in Flood Zone X. The portfolio is anchored by the State Building and Vantage Tower, supported by five additional office and retail properties.
In downtown Monroe’s Central Business District, the State Building offers 108,683 square feet across six levels, following a $24 million renovation in 2014/2015. Vantage Tower provides 120,643 square feet across eleven levels and includes a connected 149-space parking garage, with approximately $5 million in improvements. Both anchor buildings feature 3-phase electrical service with whole-building generators and multiple elevators, supported by institutional-grade infrastructure.
The offering is presented as a compelling conversion and repositioning opportunity.
In downtown Monroe’s Central Business District, the State Building offers 108,683 square feet across six levels, following a $24 million renovation in 2014/2015. Vantage Tower provides 120,643 square feet across eleven levels and includes a connected 149-space parking garage, with approximately $5 million in improvements. Both anchor buildings feature 3-phase electrical service with whole-building generators and multiple elevators, supported by institutional-grade infrastructure.
The offering is presented as a compelling conversion and repositioning opportunity.
Key Highlights
- Seven‑building Class A office and retail portfolio totaling 289,959 rentable SF in downtown Monroe, LA (CBD).
- 409 dedicated parking spaces across a connected structured garage, surface lot, and street‑adjacent locations.
- Flood Zone X designation (no flood insurance required).
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Heavy power
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,715
Businesses Nearby
Explore this area
Business Placement
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Seven-building Class A office and retail portfolio with 409 dedicated parking spaces and whole-building generators in Flood Zone X.
Where is this office building located?
The property is located at 130 Desiard Street Monroe, LA.
What is the asking price?
The asking price for this property is $23,000,000.
What are key features of this property?
This property features: Seven‑building Class A office and retail portfolio totaling 289,959 rentable SF in downtown Monroe, LA (CBD).; 409 dedicated parking spaces across a connected structured garage, surface lot, and street‑adjacent locations.; Flood Zone X designation (no flood insurance required).
