3731 Pecanland Mall DrMonroe, LA 71203

Property Details for 3731 Pecanland Mall Dr

Year built

2011

Lot size

1.58 AC

Property type

Other commercial real estate

APN

105543

APU

105543

Description

This exceptional retail property, located at 3731 Pecanland Mall Drive in Monroe, Louisiana, presents a compelling investment opportunity. The single-story, 12,064 square foot building sits on a 1.63-acre lot (71,003 square feet) and boasts 127 parking spaces, ensuring ample customer convenience. Constructed in 2012, the building benefits from a highly visible location with excellent access, featuring multiple points of ingress and egress along Pecanland Mall Drive and Millhaven Road. The property enjoys a strategic position, anchored by major retailers Target and Home Depot, and benefits from significant daily traffic volume exceeding 60,500 vehicles on Interstate 20. This translates to a strong potential for high customer footfall and business success. The asking price is $2,700,000, representing a price per square foot of $223.81. This well-maintained property offers a rare chance to acquire a thriving retail space in a prime location within a bustling commercial area of Monroe, Louisiana, zip code 71203. The property's size, location, and existing infrastructure make it ideal for a variety of retail uses. Don't miss this opportunity to secure a valuable asset in a high-growth market.

• Alternative Use

  Use

  Valuation

  Residential

  $12,485,241

  Hospitality

  $11,436,414

  Educational

  $9,514,962

  Medical

  $9,842,196

  Retail

  $14,801,052

Location Insight

City

Monroe

County

Ouachita

State

Louisiana

Latitude

32.4989

Longitude

-92.0729

CBSA code

33740

CBSA name

MONROE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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