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.

Expand All 3 Spaces Available

Suite: Unit 3 5,000 SF $19 PSF (Annual) NNN
Suite: Unit 3 & 4 7,155 SF $19 PSF (Annual) NNN
Suite: Unit 4 2,155 SF $16 PSF (Annual) NNN

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

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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

Contact

Photograph of Listing Agent

Emily G Kramer

Corporate Realty - Main Office New Orleans, LA 70170-0000
LACDB Member
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