6180 La-129 Monterey, LA 71354
- Retail properties
- 6,000 SF
Current Use by Public Records
- Retail properties
Property Details for 6180 La-129
- Property size
- 6,000 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
Exceptional opportunity to acquire the established Monterey Market, a thriving grocery store located at 6180 LA-129, Monterey, LA 71354. This single-story, Class B retail property boasts 6,300 square feet of net rentable space on a 1.03-acre lot (45,000 sq ft). Currently operating at 100% occupancy as a single-tenant, owner-user business, the property is offered at $850,000. The sale includes the building, the established business, and all associated fixtures and equipment. The property is categorized as a storefront, grocery store, and operates under a NNN lease. Its prime location in Concordia Parish, Louisiana, ensures high demand, as evidenced by strong customer reviews. This turnkey operation presents a unique opportunity for an investor seeking a profitable, established business with significant growth potential. The Associated Grocers affiliation further enhances the market position and profitability of this well-regarded community staple. Property details include APN 0500148777A.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monterey
- County
- Concordia Parish
- State
- Louisiana
- Longitude
- -91.7176
- Latitude
- 31.45
