b1BANK Tower | West Monroe, LA
Sands Investment Group is Pleased to Present Exclusively For Sale the 56,784 SF Mixed Use Office Building Located at 2500 N 7th Street in West Monroe, Louisiana. This Deal Includes a 5 Story Class B Office Building With Strong Tenants, Providing For a Unique Investment.
- Priced Drastically Below Replacement Cost With Minimal Competition On Market
- 5 Story Class B Office Building With Strong Tenants and Value-Add Component to Add Additional NOI
- Property Sits on a 1.89 Acre Block That Has Multiple Points of Entry From All Four Adjacent Streets
- The Building Includes Three Drive-Thru Lanes and Ample Parking
- Strong Demographics With Over 131,478 Residents Making an Average Household Income of $60,255 Within a 10-Mile Radius
- Strategically Located On N 7th Street Which is the Areas Main North to South Route Thoroughfare Which Sees 17,415 VPD
- Strong Historical Occupancy Rates
- Located Less Than 1.5 Hours From Downtown Shreveport Which is the 2nd Largest City in Louisiana and Located Off Interstate 20
- West Monroe is Located Off Interstate 20 Which Stretches From South Carolina to Texas and Sees Over 77,605 VPD
In Cooperation With Sands Investment Group Louisiana, LLC Lic. # BROK.0995702111-CORP BoR: Andrew Ackerman – LA Lic. # BROK.0995700567-ACT
View Similar Investment Opportunities
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
