501 Constitution Drive

Retail-Commercial for Sale
Catylist Listing ID: 30656507
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 4,721 SF
Gross Building Area: See Agent
Sale Price: $850,000
Unit Price: $180.05 PSF
Property Use Type: Business
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 10/7/2020

Overview / Comments

Unique and Updated Custom Store that is designed to Show off your Product! Located beside I-20 at the Thomas Road Exit will ensure you maximum exposure! Walking in the front door you will be impressed with the State of the Art Custom $35,000 lighting that came straight from GE. Extremely large showroom with several display areas and shelving. Large Counter area that is currently being used as a parts counter with A large office nearby. A doorway leads to the back area that is being used as a parts room/storage, with large open area, a kitchen, and also some small storage rooms. There is a roll up door that enters this storage area. Another Roll up door is located
in the showroom which leads to a 866 square foot covered area with concrete block fencing and another 774 sf covered area. Outdoor Lighting and plenty of parking. This building is located Directly across I-20 from Tinsel town, and is in between the Quality Inn and ElSombrero. The sellers are not going out of business, they are relocating all their product into one bigger building to create a one stopshop. Located on high-traffic commercial corridor off I-20/Constitution Drive. Traffic count per LA DOTD for Thomas Road (largestnearby street) in 2016 @ 26,805. I-20 in 2016 @ 77,582. Newest additions to commercial development in Area: Walk-On's Bistreaux &Bar, Golden Corral, Fairfield Inn & Suites by Mariott, Avocado's. Other area businesses: Cracker Barrel Old Country Store, AcademySports & Outdoors, El Sombrero Mexican Restaurant, Duck Commander, Texas Roadhouse, Cinemark Tinseltown 17,WalMart
SuperCenter, Glenwood Regional Medical Center, West Monroe Ike Hamilton Expo, Hilton Garden Inn WM, ChickfilA. Monroe. Business is relocating to new location.

Additional Details

Nearest MSA: Monroe
County: Ouachita
Tax ID/APN: 103664

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,248 41,953 82,658
Median Age: 35.86 36.67 35.28
Households: 2,906 18,076 33,231

Contact

Photograph of Listing Agent

Paula Beasley

Coldwell Banker Group One Real West Monroe, LA 71291
LACDB Member
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