Catylist ID:
#30362547
Former Sears at Pecanland Mall Monroe, LA Available
Shopping Center
for Sale
Also listed as Retail-Commercial
| Catylist Listing ID: | 30362547 |
| Property Subtypes: | Regional Mall |
| Building Size (RSF): | 122,032 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 9.90 Acres |
| Sale Price: | $1 |
| Unit Price: | $0 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Vacant/Owner-User |
| Building Name: | Former Sears and Sears Auto |
| Sale Terms: | Undisclosed |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/8/2022 |
Overview / Comments
|
• Anchor space in Pecanland Mall: Dillard’s, Belk, JC Penney, H&M, Old Navy • Property is located along the I-20 corridor and in close proximity to the Monroe Regional Airport • 3 loading docks located on the east side of building • Former Sears Store: 111,456 Square Feet (3 loading docks) • Auto Center: 10,576 Square Feet (located on outparcel to property) |
Attachments & Media
Additional Details
| Nearest MSA: | Monroe |
| County: | Ouachita |
| Taxing Authority: | Ouachita Parish Sheriff |
| Tax ID/APN: | 60341. |
| Zoning: | B-3 |
| Retail Clientele: | General, Family |
| Property Located Between: | Millhaven Rd. and I-20 |
| Property Visibility: | Fair |
| Largest Nearby Street: | I-20 |
| Feet of Frontage: | 388 |
| Traffic/Vehicle Count: | 55,273 |
| Highway Access: | Pecanland Mall can be accessed from I-20 via Garrett Rd. |
| Airports: | Monroe Regional Airport |
| Area Description: | Monroe is located in the northeastern corner of Louisiana, 100 miles east of Shreveport. The subject property is located on the east side of the Monroe market in Pecanland Mall, a 1 million square foot Regional Shopping center. Monroe and its twin city West Monroe are separated by the Ouachita River. The intersection of I-20, 165 and Garrett Road contains the major concentration of retail in the entire market. Monroe major employers include CenturyLink (Fortune 500 company), JP Morgan Chase, State of Louisiana, St. Francis Medical Center, Ochsner LSU Health Shreveport-Monroe Medical Center and Graphic Packaging. Major points of interest: St. Francis Medical Center, Monroe Regional Airport, University of Louisiana at Monroe. |
| Total Number of Buildings: | 2 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 122,032 SF |
| Year Built: | 1990 |
| Roof Type: | Flat |
| Construction/Siding: | Brick |
| Parking Type: | Surface |
| Total Parking Spaces: | 550 |
| Lot Frontage: | 722' |
| Lot Depth: | 634' |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,560 | 36,175 | 77,604 |
| Median Age: | 19.5 | 32.21 | 32.96 |
| Households: | 458 | 13,197 | 29,543 |
Contact
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