Former Pier 1-For Lease

Retail-Commercial for Lease
Catylist Listing ID: 30589160
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Contiguous Space: 9,936 SF
Building Size (RSF): 9,936 SF
Gross Land Area: 39,177 SF
Lease Rate: $9 PSF (Annual)
Base Monthly Rent: $7,452
Lease Types: NNN
In Opportunity Zone? Yes
Building Name: Former Pier 1
Usable Size (USF): 9,936 SF
Last Updated: 3/26/2020

Overview / Comments

Great location adjacent to Pecanland Mall and I-20 directly across the mall parking lot from Dillard's and Dick's Sporting Goods in the heart of Monroe's national retail corridor. Great visibility from I-20 and easy access from Parkland Mall service road. The building is wide open with about 1,000 sf partitioned off for storage, an open canvas ready for re-development. Also available for sale at $950,000, as-is. Additional pictures, aerial, survey are attached to this listing at www.LACDB.com. See the aerial for national tenants located in and around the Pecanland Mall. Call Broker for additional information.

Expand All Available Space

Suite: 1 9,936 SF $9 PSF (Annual) NNN
Space Available: 9,936 SF
Lease Rate: $9 PSF (Annual)
$7,452 (Monthly)
Lease Type: NNN
Space Description: Former Pier 1, the building has around 9,000 sf of retail and 936 sf of storage.
Date Available: 4/1/2020
Lease Term: 60 Months
Space Type: Relet
Parking Spaces 51
Tax Expenses $11,273 PSF (Annual)
Tenant Improvements Allowance $0

Additional Details

Nearest MSA: Monroe
County: Ouachita
Taxing Authority: Ouachita Parish and city of Monroe
Tax ID/APN: 24925
Zoning: B-3 GENERAL BUSINESS DISTRICT
Property Located Between: I-20 & Millhaven Drive
Property Visibility: Excellent
Largest Nearby Street: I-20
Traffic/Vehicle Count: 42,275
Highway Access: I-20
Area Description: Major retail around Pecanland Mall, Kohl's, Target and Home Depot developments
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1992
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Typical Pier 1 design with glass front and parking side
Total Parking Spaces: 51
Parking Type: Surface
Parking Description: Parking lot to front and east side of building
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: About 9,000 sf open retail and 936 sf storage
Zoning Description: B-3 General Business District
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: Truck access easement

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,283 39,978 80,218
Median Age: 27.5 32.13 32.83
Households: 1,069 14,282 30,244

Contact

Photograph of Listing Agent

Maurice L Hebert

Hebert Commercial Real Estate Alexandria, LA 71301
LACDB Member
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