3650 Millhaven Rd Monroe, LA 71203
This exceptional 55,000-square-foot retail property, located at 3650 Millhaven Rd in Monroe, Louisiana, presents a significant leasing opportunity. Built in 2002 and renovated in 2015, the property sits on a 4.19-acre lot and is zoned B-3. The building features approximately 50,000 square feet of ground-floor retail space and an additional 5,000 square feet of office space on the second floor, offering versatility for a variety of retail uses. Its prime location provides excellent visibility and accessibility from I-20, placing it within a thriving commercial area. The surrounding area boasts a strong consumer base, with nearby attractions including Pecanland Mall, the University of Louisiana Monroe, and Louisiana Purchase Gardens and Zoo, ensuring high traffic and visibility. This single-tenant property offers a unique chance to establish a substantial retail presence in a dynamic Monroe, LA market. The property's size, location, and recent renovations make it an ideal investment for a retail or power center operator seeking to capitalize on the area's robust commercial activity. Ouachita Parish location and 71203 zip code ensure easy identification and access.
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Conn's HomePlus Electronics & Wireless Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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