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Business Center and Development Land

2399 Ferrand St, Monroe, LA

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For Sale

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Eight-suite business center with adjacent development land for sale.

Type:RETAIL

Property size:

8,160 SF

Lot size:

1.65 Acres

Price / SF:

$61/SF

HighLights

High‑yield investment opportunity with a 9.82% CAP rate at full occupancy.
Includes 1.65 AC of development land with B‑2 zoning suitable for various commercial uses.
Eight turnkey suites, each with ±800 SF warehouse and ±200 SF office space.
Suites feature 14’ ceilings and 12’ roll‑up doors in the warehouse. Climate‑controlled ADA‑compliant restrooms in the office.
Prime visibility and easy access to major roads.
Seller blueprints for future expansion included with purchase.

We can help!

Listing Contact

Jennifer Causey

For Sale

Contact for pricing

Eight-suite business center with adjacent development land for sale.

Type:RETAIL

Property size:

8,160 SF

Lot size:

1.65 Acres

Price / SF:

$61/SF

Added:: Jun 6, 2023
Days on Market:: 1104
Last Refresh:: May 20 at 8:23 pm

Property Features for 2399 Ferrand St

General Information

Standard status: Active
Size: 8,160 SF
Lot size: 1.65 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Jennifer Causey

Listing agent Jennifer Causey License #LA995693195

Listing office John Rea Realty

Listing date Jun 6, 2023

Source Moodyscre

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 John Rea Realty

HighLights

High‑yield investment opportunity with a 9.82% CAP rate at full occupancy.
Includes 1.65 AC of development land with B‑2 zoning suitable for various commercial uses.
Eight turnkey suites, each with ±800 SF warehouse and ±200 SF office space.
Suites feature 14’ ceilings and 12’ roll‑up doors in the warehouse. Climate‑controlled ADA‑compliant restrooms in the office.
Prime visibility and easy access to major roads.
Seller blueprints for future expansion included with purchase.

Overview

This investment opportunity features an eight-suite business center and 1.65 acres of development land. The business center offers a 9.82% CAP rate at full occupancy. Each of the eight suites provides a versatile mix of warehouse and office space, suitable for small businesses, trades, or service providers. Each suite totals approximately 1,000 square feet, including approximately 800 square feet of warehouse space and approximately 200 square feet of office space. The warehouse areas feature 14-foot ceilings and 12-foot roll-up doors. Each office area includes a private entrance, climate control, and an ADA-compliant restroom. The adjacent development land consists of two lots: 0.73 acres fronting Armand Connector and 0.92 acres fronting Ferrand Street. The zoning is B-2 Neighborhood Business District, and all utilities are available at the site. The property is not in a flood zone. It offers prime visibility with easy access to Tower Drive, Ferrand Street, Highway 165/Sterlington Road, and I-20. The location is central, near Monroe’s medical, business, university, and financial districts. The land is ideal for future development, such as a professional office, medical facility, retail space, or restaurant. Seller blueprints for future expansion are included with purchase.

Property Profile Location Intelligence

Current Use by Public Records

The Swallowing Clinic of NELA Physician Extreme Shades Pro ... Interior Design Where Da Party At (Bike/Boat/Book/etc) Store Millennial Cookie (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: Monroe
County: Ouachita
State: Louisiana
Longitude: -92.0825
Latitude: 32.5312

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For sale
Retail space
LA
Monroe
2399 Ferrand St

What type of property is this?

Retail space - Eight-suite business center with adjacent development land for sale.

Where is this retail space located?

The property is located at 2399 Ferrand St Monroe, LA.

What is the asking price?

The asking price for this property is $503,697.

What are key features of this property?

This property features: High‑yield investment opportunity with a 9.82% CAP rate at full occupancy.; Includes 1.65 AC of development land with B‑2 zoning suitable for various commercial uses.; Eight turnkey suites, each with ±800 SF warehouse and ±200 SF office space.

2399 Ferrand St, Monroe, LA

Eight-suite business center with adjacent development land for sale.

Property Features for 2399 Ferrand St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Rail-Served Warehouse and Office

Move-In Ready Office Building

Turnkey Office Suite with Reception

Versatile Showroom and Office Building

Monroe Office and Warehouse Property

Clear-Span Industrial Warehouse with Yard

Institutional Facility for Multiple Uses

Turn-Key Professional Office Building

Five-Suite Office Building in Business Park

Professional Office Suite on Corner

Warehouse with Office and Laydown Yard

Historic Retail Building in CBD Zone

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