2271 Tower DrMonroe, LA 71201

This exceptional investment opportunity presents a brand-new, 2023-built, 3,500 square foot b1BANK located at 2271 Tower Drive, Monroe, LA, 71201. The property sits on a 0.68-acre lot and boasts a state-of-the-art design and Class A construction, including three drive-thru lanes. The asking price is $2,900,000, representing a price per square foot of $828.57 and a 6.15% cap rate. The property features a 10-year net lease (NN+) with a corporate guarantee from Business First Bancshares (NASDAQ: BFST), providing significant financial stability. The lease commenced June 27, 2023, and expires June 30, 2033, leaving 8.4 years remaining. Annual rent bumps of 1.2% are included, offering inflation protection. Two five-year lease options further enhance the long-term value. The property enjoys 100% occupancy and a current Net Operating Income (NOI) of $178,201. Its strategic location in a strong retail corridor, shadow-anchored by a high-performing Walmart and surrounded by other national retailers and new residential construction, ensures consistent demand and future growth potential. This is an ideal low-management investment opportunity with a strong, growing NOI and a financially secure corporate tenant.