CBRE is proud to present this ±365,000 SF industrial warehouse positioned in south Monroe with direct access to Highway 165 and located less than four miles from Interstate 20. With an NN+ lease structure, current rent at $4.50/SF, and 2.5% annual increases, the facility delivers stable income at a cost basis well below typical replacement levels.
Strong Investment Profile with Long-Term Stability – Offered at a sale price of $19,750,000 with a 8.32% cap rate and a projected Year 1 NOI of $1,642,500, the property presents a compelling opportunity for investors seeking stable industrial income. With its NN+ lease, modern building specs, extensive acreage, and strategic positioning within Monroe’s industrial corridor, the asset offers long-term durability and attractive performance potential.
Built for Tenant Efficiency –
Featuring 20 dock high doors, one ramp door, a large concrete truck court, fenced trailer parking, and immediate access to nearby fuel and service amenities, the property is designed for operational convenience. These features make it highly attractive to logistics, warehousing, and transportation tenants.
Prime Location Within Monroe’s Industrial Corridor – Located in the heart of Monroe’s primary industrial hub, the property features 27’–35’ clear heights, more than 20 dock high doors, and a ramp door that support fast, efficient loading operations. Its 21.65-acre layout provides abundant truck court space, trailer parking, and maneuverability, making it an ideal setting for tenants requiring significant distribution capacity and access to a consistent industrial workforce.