1958 Louisville Ave Monroe, LA 71201
Danville Plaza Shopping Center in Monroe, LA, offers a fantastic retail opportunity. This 2,500 square foot suite, located at 1958 Louisville Avenue, is currently available for lease at $2500 per month. The space boasts a versatile layout, ideal for a variety of retail businesses. A significant portion of the space (945 square feet) is dedicated to open retail/display area, perfect for showcasing products and engaging customers. In addition to the open area, the suite includes five private offices, providing ample space for administrative tasks and meetings. Two ADA-compliant restrooms ensure accessibility for all customers and employees. Convenient extra storage is also included, offering valuable space for inventory or supplies. Detailed floor plans are available upon request. The Danville Plaza Shopping Center is undergoing exciting renovations and improvements, with a new anchor tenant, Roses Discount Stores, slated to open in May 2025. This revitalization presents a unique opportunity to be part of a thriving retail center experiencing significant growth and increased foot traffic. This property is situated on a 0-acre lot and presents a compelling investment opportunity for businesses seeking a well-located and well-appointed retail space in a dynamic shopping center. Contact us today to schedule a viewing and explore the possibilities.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.