Excellent Regional Retail Center Properties
Retail-Commercial
for Lease
| Catylist Listing ID: |
30179636 |
| Property Subtypes: |
Street Retail
|
| Contiguous Space: |
2,155 - 7,155 SF |
| Total Available: |
14,310 SF |
| Building Size (RSF): |
111,500 SF |
| Lease Rate: |
$16 - 19 PSF (Annual)
|
| Base Monthly Rent: |
$2,873 - 11,328 |
| Lease Types: |
NNN |
| In Opportunity Zone? |
Yes |
| Building Name: |
Pecanland Plaza |
| Last Updated: |
9/15/2021 |
Overview / Comments
Pecanland Plaza is located off I-20 in Monroe, the eighth largest city in Louisiana. Monroe is a medical, educational, and economic hub for Northeast Louisiana. The city was one of the least impacted in the state by the events of 2020, and job growth remains consistent as the city retains some of the lowest overall business and living costs.
The available spaces can be leased either separately or together. They are in an approximately 111,500 sf open-air shopping center anchored by Best Buy, PetSmart, Ulta, and Michaels. All retail stores share a surface parking lot of 542 spaces.
|
| Space Available: |
5,000 SF |
| Lease Rate: |
$19 PSF (Annual)
$7,916 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Former Lane Bryant. Can be combined with adjacent space for 7155sf. See agent for pricing. |
| Date Available: |
12/14/2020 |
| Space Type: |
Relet |
| Space Available: |
7,155 SF |
| Lease Rate: |
$19 PSF (Annual)
$11,328 (Monthly)
|
| Lease Type: |
NNN |
| Date Available: |
12/14/2020 |
| Space Type: |
Relet |
| Space Available: |
2,155 SF |
| Lease Rate: |
$16 PSF (Annual)
$2,873 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Can be lease separately or combined with adjacent space. See agent for pricing. |
| Date Available: |
11/10/2017 |
| Space Type: |
Relet |
| Rent Escalators |
Other |
| Rent Escalators Description |
3% annual increases |
Additional Details
| Nearest MSA: |
Monroe |
| County: |
Ouachita |
| Tax ID/APN: |
114832. |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist |
| Property Located Between: |
I-20 |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
I-20 |
| Traffic/Vehicle Count: |
56,960 |
| Highway Access: |
I-20 |
| Airports: |
Monroe Airport |
| Site Description: |
Pecanland Plaza is 111,500 sf open-air shopping center anchored by Best Buy, PetSmart, Ulta, and Michaels. It is adjacent to Kohl’s and TJ Maxx, and serves as an outpad parcel for Pecanland Mall. |
| Area Description: |
Monroe is home to major employers like JPMorgan Chase, CenturyLink, and health care institutions and teaching hospitals.
The healthcare sector continues to grow, which will only help this city that was one of the least impacted in the state by the events of 2020. Educational employers include University of Louisiana at Monroe and Monroe City School District.
The University of Louisiana at Monroe, located only 3 miles away, is a four-year university with more than 9,000 students for both undergraduate and graduate degrees. The new VCOM Osteopathic Medical School will open on the ULM Campus in the fall of 2021.
The city also has a community college and several technical
colleges. |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Roof Type: |
Flat |
| Total Parking Spaces: |
542 |
| Parking Type: |
Surface |
| Parking Description: |
Shared with other tenants |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,045 |
41,310 |
80,695 |
| Median Age: |
29.25 |
32.13 |
33.04 |
| Households: |
1,351 |
15,172 |
30,874 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
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