Investor Opportunity – 8-Suite Business Center + 1.65 AC Development Land.
Take advantage of this high-yield investment that brings a 9.82% CAP rate at full occupancy! The Business Center features eight (8) turnkey suites, each offering a versatile mix of warehouse and office space ideal for small businesses, trades, or service providers.
Property Features:
Each Suite: ±1,000 SF total | ±800 SF warehouse + ±200 SF office.
Warehouse: 14’ ceilings, 12’ roll-up doors.
Office: Private entrance, climate-controlled, ADA-compliant restroom.
Designed for affordability and functionality.
Development Land (Adjacent):
Lot 1: 0.73 AC fronting Armand Connector.
Lot 2: 0.92 AC fronting Ferrand Street.
Total Available: 1.65 AC.
Zoning: B-2 Neighborhood Business District.
Utilities: All available at site.
Not in a Flood Zone.
Location Highlights:
Prime visibility with easy access to Tower Dr, Ferrand Street, Hwy 165/Sterlington Rd, and I-20.
Centrally located near Monroe’s medical, business, university, and financial districts.
Ideal for future development: Professional office, medical, retail, or restaurant use. Seller blueprints for future expansion included with purchase.
Contact listing agent for additional details.