Multi-Tenant Strip
For Sale
$1,300,000
5100 Desiard Street Monroe, Monroe, LA 71203
Fully occupied multi-tenant strip center with retail and food-and-beverage tenants, including a Mexican restaurant and coin laundry.
Property Size12,570 SF
Price / SF$103.42
Days on Market47
Property Features for 5100 Desiard Street Monroe
General Information
Standard status
Active
Size
12,570 SF
Property subtype
Commercial
Zoning
B-3
Amenities
B-3
Central Air
Natural Gas
On Site
Electric,Gas
None of Above
Lighting/Security
Building Details
Year Built
1987
Listing Agency:
eXp Realty, LLC
(318) 680-9141
Listed By:
John Howard
(318) 680-9141
Source:
Johnhoward.exprealty
Added: Jul 13
Changed: Aug 8
Last Checked: Aug 28 at 7:13AM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
This fully occupied, multi-tenant strip center offers a stabilized mix of businesses within a conventional retail configuration. Current tenants include a Mexican restaurant, an event center, a tattoo studio, and a coin laundry, creating an on-site blend of service and food-and-beverage uses.
The property is conveniently located on Desiard Street near the University of Louisiana Monroe (ULM) Campus. All available suites are reported as currently occupied, providing immediate income potential for a new owner.
For investors and owner-operators looking for a tenant-occupied retail asset, the center’s current occupancy and diverse tenant roster are central considerations in evaluating the property.
The property is conveniently located on Desiard Street near the University of Louisiana Monroe (ULM) Campus. All available suites are reported as currently occupied, providing immediate income potential for a new owner.
For investors and owner-operators looking for a tenant-occupied retail asset, the center’s current occupancy and diverse tenant roster are central considerations in evaluating the property.
Key Highlights
- Fully occupied multi‑tenant strip center with retail and food‑and‑beverage tenants, plus coin laundry
- Tenant mix includes a Mexican restaurant, event center, tattoo studio, and coin laundry
- Exterior lighting/security included
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
243
Businesses Nearby
49k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 74%
Dining 21%
Shops & Services 5%
Walmart Neighborhood Market
Groceries
36,328 visits/mo
0.3 miles
Checkers
Dining
5,450 visits/mo
0.4 miles
KFC
Dining
4,952 visits/mo
0.5 miles
Chevron
Shops & Services
2,647 visits/mo
0.4 miles
Demographics for 71203, LA
37,438
Population
17,178
Households
2.2
Avg Household Size
35
Median Age
32%
College-Educated
90%
High-School Grad
118.5 sq mi
ZIP Area
316
Density / Sq Mi
$46,822
Median Household Income
$35,630
Median Earnings
$987
Median Rent
$181,200
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 - Fully occupied multi-tenant strip center with retail and food-and-beverage tenants, including a Mexican restaurant and coin laundry.
Where is this shopping center located?
The property is located at 5100 Desiard Street Monroe Monroe, LA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Fully occupied multi‑tenant strip center with retail and food‑and‑beverage tenants, plus coin laundry; Tenant mix includes a Mexican restaurant, event center, tattoo studio, and coin laundry; Exterior lighting/security included
