Skip to main content

Shopping Strip

The Plaza Shopping Center

2810 Louisville Ave, Monroe, LA 71201

Listing Price: $12,324,000

Cap Rate
7.75%
Gross SF
96,765
Rentable SF
96,765
Price/Gross SF
$127.36
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.

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

Exclusively Listed By

Shopping Strip

The Plaza Shopping Center

Listing Price: $12,324,000

Cap Rate
7.75%
Gross SF
96,765
Rentable SF
96,765
Price/Gross SF
$127.36
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

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

MM Texture Background
MM Textured Background Lower