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    4429 Pecanland Mall Dr Monroe, LA 71203

    For Lease
    $22 SF/Yr

    High-traffic Monroe, LA shopping center

    Lot size:
    111,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Pecanland Plaza, located at 4429 Pecanland Mall Dr, Monroe, LA 71203, presents a prime retail opportunity in Ouachita Parish. This single-story, 111,800 square foot shopping center boasts a strong location within a thriving retail node, offering excellent visibility and accessibility. The property sits on an 11.5-acre lot and includes 545 parking spaces, ensuring ample customer convenience. Currently, there is 2,155 square feet of vacant space available for lease. The center benefits from its proximity to Pecanland Mall, the only regional mall within an 80-mile radius, and enjoys exceptional co-tenancy with major retailers such as Kohl's, Target, T.J. Maxx, Bed Bath & Beyond, Ross Dress for Less, and Conn's HomePlus. Its strategic location provides easy access from Interstate 20, resulting in high traffic counts and strong visibility. The property's APN is 114832. This is a rare opportunity to secure space in a well-established, high-performing retail center in a key Louisiana market. The property is classified as a shopping center/strip center with multiple tenants.

    Property Features for 4429 Pecanland Mall Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    111,800 SF
    Total Rate
    204966.67

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 4
    Size
    2,155 SF
    Rate per SF
    $28
    Property Profile Location Intelligence

    Current Use by Public Records

    Rack Room Shoes Shoe Store Benefit Cosmetics BrowBar Beauty Salon Verizon Electronics Store Ulta Beauty Beauty Salon Massage Envy Massage Spa

    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
    -92.06708813
    Latitude
    32.4993723

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic Monroe, LA shopping center
    Where is this neighborhood center located?
    The property is located at 4429 Pecanland Mall Dr Monroe, LA.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    Request Owner's contact information
    4429 Pecanland Mall Dr Monroe, LA 71203
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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
    4429 Pecanland Mall Dr Monroe, LA 71203
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