1859 Avenue of America - Serviced Offices FOR SALE


Monroe, LA 71201
$265,000 USD
318-388-0941
1859 Avenue of America, Monroe, LA for Sale
$265,000 USD
Serviced Offices - FOR SALE
1/17
null | 7.62% Cap Rate

1859 Avenue of America
Monroe, LA 71201


HIGHLIGHTS

  • Long term tenant
  • Heart of Monroe Office Condominium Office Park

OVERVIEW

Single-Tenant Office Investment | Long-Term Occupancy | North Monroe, LA Well-maintained, single-tenant professional office building located in North Monroe between N 18th and N 19th on Avenue of America in Monroe. This property offers a stable, income-producing opportunity with a long-standing tenant in place since 1992, providing consistent occupancy and proven reliability. The building features a functional layout with 8 private offices, a breakroom, and 3 restrooms, making it well-suited for a variety of professional office users. Investment Highlights: Tenant Tenure: Occupied since 1992 Established location in a central business corridor Strong history of occupancy and tenant stability This is an excellent opportunity for investors seeking a stable, income-producing asset with long-term tenancy already in place. The property’s central location and efficient layout support continued occupancy and long-term value.

FOR SALE DETAILS

PRICE

$265,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

7.62%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Alpha Care

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Serviced Offices

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

B-2

APN/PARCEL ID

56263

ASK ABOUT THIS PROPERTY

Mark PhelpsJohn Rea RealtyMore Info
318-388-0941

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Mark PhelpsJohn Rea RealtyMore Info
318-388-0941

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