5872 Jonesboro Rd., West Monroe, LA 71292
A 2016-built property backed by an absolute NNN lease and a corporate guarantee.
Property Features for 5872 Jonesboro Rd.
General Information
Building Details
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Investment Insights
Based on property information with market context.
The lease includes a corporate guarantee from the discount variety store operator, which carries a BB+ credit rating from S&P. The property is positioned near the University of Louisiana Monroe, serving 8,517 students and supported by 1,200 employees. Downtown Monroe is 8 miles away.
Key Highlights
- 15‑year absolute NNN lease
- 10% rent increase in Year 11, with further increases every 5 years thereafter
- 2016 construction
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 71292, LA
Market
Vacancy Rate% for Retail in South region