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    4103 Pecanland Mall Dr Monroe, LA 71203

    Sponsored
    For Lease
    $15 SF/Yr

    Grocery-anchored retail space available.

    Lot size:
    88,219 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Pecanland Commons, a thriving neighborhood center in Monroe, Louisiana's OZ submarket (Ouachita Parish), offers exceptional retail opportunities. This two-building, 88,219 square foot center boasts ample parking and high visibility from Interstate 20. The property features a strong anchor tenant, Target, and shares convenient cross-access with Home Depot and Conn's Appliance. Located near Pecanland Mall, the only regional mall within 80 miles, the center benefits from significant traffic counts and easy accessibility. Individual spaces range from 1,328 to 20,000 contiguous square feet, with 38,360 square feet currently vacant. The property sits on a 9.02-acre lot (393,051 square feet) and is a single-story building. Annual NNN expenses are approximately $4.15 per square foot. The property's APN is 110605. This prime location presents a unique opportunity for businesses seeking high visibility and strong traffic in a well-established retail environment. Multiple spaces are available, making it ideal for a variety of retail concepts.

    Property Features for 4103 Pecanland Mall Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    88,219 SF
    Total Rate
    110273.75

    Building Details

    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 7
    Size
    1,328 SF
    Space
    Suite: 4
    Size
    20,000 SF
    Rate per SF
    $15
    Space
    Suite 5
    Size
    6,000 SF
    Rate per SF
    $18
    Space
    Suite 6
    Size
    5,580 SF
    Rate per SF
    $18
    Space
    Suite: 11
    Size
    4,000 SF
    Rate per SF
    $21
    Space
    Suite 12
    Size
    1,452 SF
    Rate per SF
    $26

    HighLights

    • Grocery‑anchored neighborhood center totaling 88,219 square feet.
    • Six spaces available, ranging from 1,328 to 20,000 square feet.
    • High‑visibility location on Interstate 20, with excellent traffic counts and ample parking. Shared access with Home Depot and Conn's Appliance.
    • Located near Pecanland Mall, the only regional mall within 80 miles of Monroe.
    • NNN expenses are approximately $4.15 per square foot annually.
    Property Profile Location Intelligence

    Current Use by Public Records

    Electrify America Charging ... Electric Vehicle Charging Station AT&T Kiosk Cell Phone Store Verlencia Jordan Pharmacy Tracy Oglesby Pharmacy Cheryl Lasuzzo Pharmacy

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Ouachita Parish
    State
    Louisiana
    Longitude
    -92.06937478
    Latitude
    32.49938339

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    FAQs

    What type of property is this?
    Retail property - Grocery-anchored retail space available.
    Where is this retail property located?
    The property is located at 4103 Pecanland Mall Dr Monroe, LA.
    What is the lease rate?
    The lease rate is $0.00-$26 SF/Yr.
    What are key features of this property?
    This property features: Grocery-anchored neighborhood center totaling 88,219 square feet.; Six spaces available, ranging from 1,328 to 20,000 square feet.; High-visibility location on Interstate 20, with excellent traffic counts and ample parking. Shared access with Home Depot and Conn's Appliance.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4103 Pecanland Mall Dr Monroe, LA 71203
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