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'

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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

Photograph of Listing Agent

Stephanie Hilferty

SRSA Commercial Real Estate Metairie, LA 70002
LACDB Member
Photograph of Listing Agent

Kirsten E Early

SRSA Commercial Real Estate Metairie, LA 70002
LACDB Member
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