Shopping Strip
The Plaza Shopping Center
2810 Louisville Ave, Monroe, LA 71201
Listing Price: $11,975,000
Cap Rate
8.00%
Gross SF
96,765
Rentable SF
96,765
Price/Gross SF
$123.75
Lot Size
8.32 acres
Year Built
1987
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a stabilized 96,765-square-foot, grocery-anchored shopping that is well positioned in a densely populated area of Monroe, Louisiana.
The Plaza Shopping Center
Investment Highlights
- 96,765-Square-Foot, Super 1 Foods-Anchored Retail Center
- Super 1 Foods has Been in this Location for 35 Years | Just Executed a New 10-Year Lease Extension Through 2032
- 100% Stabilized Retail Center and has Consistently High Occupancy over the Life of the Investment | Average Tenant Tenure (Existing Tenants) is 12 Years
- Brand New Roof Installation with Warranty Finalized in July of 2023
Exclusively Listed By
Listing Price: $11,975,000
Cap Rate
8.00%
Gross SF
96,765
Rentable SF
96,765
Price/Gross SF
$123.75
Lot Size
8.32 acres
Year Built
1987
Investment Highlights
- 96,765-Square-Foot, Super 1 Foods-Anchored Retail Center
- Super 1 Foods has Been in this Location for 35 Years | Just Executed a New 10-Year Lease Extension Through 2032
- 100% Stabilized Retail Center and has Consistently High Occupancy over the Life of the Investment | Average Tenant Tenure (Existing Tenants) is 12 Years
- Brand New Roof Installation with Warranty Finalized in July of 2023
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a stabilized 96,765-square-foot, grocery-anchored shopping that is well positioned in a densely populated area of Monroe, Louisiana.
Exclusively Listed By
