Value-Add Shopping Center in
For Sale
Contact for pricing
1920 Louisville Ave, Monroe, LA 71201
Shopping center with national retailers and upside potential through lease-up.
Property Size133,887 SF
Price / SF$50.98
Days on Market197
Property Features for 1920 Louisville Ave
General Information
Standard status
Active
Size
133,887 SF
Class
B
Property subtype
Retail
Zoning
B3
Occupancy
87%
Investment Type
Value Add
Building Details
Tenancy
Multi
Listing Agency:
Maestri Murrell Real Estate
(225) 298-1250
Listed By:
Benjamin Stalter · License #LA 0000008180
Source:
Crexi
Added: Jan 27
Changed: Aug 8
Last Checked: Aug 8 at 3:26PM
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 Maestri Murrell Real Estate
Investment Insights
Based on property information with market context.
Danville Plaza is a shopping center located in Monroe, Louisiana. The property features national retailers and upside potential through lease up. Roses recently relocated and expanded into the anchor space. New ten-year lease terms have been executed by both Home Outlet (EC Barton) and Roses, along with four other national retailers. The only non-national retailer is Gonzalez, a four-unit regional Mexican restaurant, which opened in January 2026 with a seven-year lease. The Roses space has a new TPO roof, and the Home Outlet, Shoe Show, and Cititrends roof is also TPO and approximately ten years old. There is 15,000 square feet available for lease. An outparcel in front of Roses is included in the sale, while the outparcel in front of the Home Outlet and the Popeye’s are not included. A large data center is under construction thirty minutes to the east of Monroe.
Key Highlights
- Anchor tenant Roses recently relocated and expanded, demonstrating commitment to the location.
- Long‑term leases secured with national retailers (Roses, Home Outlet, Shoe Show, Cititrends) provide stability.
- Value‑add opportunity with 15,000 sq/ft of leasable space to increase NOI.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,855
Businesses Nearby
45k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 48%
McDonald's
Dining
21,295 visits/mo
0.5 miles
76
Shops & Services
11,962 visits/mo
0.1 miles
Circle K
Shops & Services
4,724 visits/mo
0.5 miles
Shell
Shops & Services
4,059 visits/mo
0.1 miles
Chase Bank
Shops & Services
2,599 visits/mo
0.1 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Loan Center — 364-596 Louisville Ave, Monroe, LA 71201
- Danville Plaza — Danville Plaza Shopping Center, Louisville Ave, Monroe, LA 71201
- Ob Plaza — Monroe, LA 71201
- Twin City Shopping Center, LLC — 2271 Louisville Ave, Monroe, LA 71201
- The premier plaza — 1162 Oliver Rd, Monroe, LA 71201
Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center with national retailers and upside potential through lease-up.
Where is this shopping center located?
The property is located at 1920 Louisville Ave Monroe, LA.
What is the asking price?
The asking price for this property is $6,825,000.
What are key features of this property?
This property features: Anchor tenant Roses recently relocated and expanded, demonstrating commitment to the location.; Long‑term leases secured with national retailers (Roses, Home Outlet, Shoe Show, Cititrends) provide stability.; Value‑add opportunity with 15,000 sq/ft of leasable space to increase NOI.
