Attractive investment opportunity in Monroe, LA. 23,000+ square foot distribution center leased by United Parcel Service. Original building contained approximately 12,250 square feet on 3.1 acres and was constructed in 1974. In 2019, UPS made a substantial investment in the building adding 10,000+/- square feet of office and warehouse and adding .92 acres to the site, enlarging the truck court.
The original building contains 7 grade level truck doors on north side and 6 grade level truck doors on south side, all 20' wide x 16' tall, allowing for trucks to be backed into the facility and under cover while being loaded. There is a 75' "connector" building from the original building to the 2019 addition, and this section has 5 van height doors on the north side and 7 van height doors on the south side, all 5' wide x 7' high, all protect by overhang. The 2019 addition has 6 van height doors on the south side, 5' x7', and 5 dock high doors on the west end of the building. The newer building contains large sorting area, with offices, break room, restrooms and meeting area. 22'10" center height.
Situated in Monroe’s established industrial corridor with easy access to US-165 and I-20, The site offers excellent connectivity for distribution and logistics, close to regional transportation routes and supporting commercial amenities.
The current lease is full triple net.
Please contact agent for information regarding the lease and for income and expense information.