1382 Highway 139 - Freestanding FOR SALE


Monroe, LA 71203
$450,000 USD
732-832-5414
1382 Highway 139, Monroe, LA for Sale
$450,000 USD
Freestanding - FOR SALE
1/3
null | 14.52% Cap Rate

1382 Highway 139
Monroe, LA 71203


HIGHLIGHTS

  • List price of $450,000 equating to $49.92 per square foot.
  • The tenant will be vacating the premise on 9/30/2025, providing a value add investor with a short cash flow stream before repositioning the asset.
  • 2005 built-to-suit construction for Dollar General including a ±9,014 square foot building and concrete parking lot.
  • Located on the corner of LA-139 & Lincoln Hills Drive, this ±1.75 acre parcel is exposed to over ±16,400 vehicles per day (VPD).
  • There are over 29,107 residents living within a 5-mile radius and over 103,121 residents living within a 10-mile radius.
  • 9,014 square foot building with approximate dimension of 70’ - 132’.

OVERVIEW

Donnie Jarreau License No. BROK.995704351-CORP (LA) (866) 889-0550 Jarreau Real Estate 16173 Perkins Road Baton Rouge, LA 70810

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$56 USD /SF

CAP RATE

14.52%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DOLLAR GENERAL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.75 AC

LAND SF

76,230 SF

ZONING

-

APN/PARCEL ID

79501

ASK ABOUT THIS PROPERTY

Edward DesimoneMatthews Real Estate Investment ServicesMore Info
732-832-5414

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Edward DesimoneMatthews Real Estate Investment ServicesMore Info
732-832-5414

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.