2461 Tower DrMonroe, LA 71201

Property Details for 2461 Tower Dr

Year built

2007

Lot size

0.55 AC

Property type

Office properties

APN

116759

APU

116759

Description

This stunning, professionally designed 4,500 square foot executive office suite is available for lease at 2461 Tower Drive in Monroe, Louisiana. Located on a high-traffic business corridor, this main floor space boasts a sophisticated design and numerous high-end features. The suite includes a welcoming entrance and main lobby, a reception area with a divided file area, and two conference rooms – one primary executive conference room and a secondary meeting room. Six private offices provide ample space for staff, and two executive suites offer impressive built-ins and private restrooms with showers. A full kitchen/break room, common hall/data area, data closet, and two public restrooms add to the convenience. The property also features covered parking for two vehicles and uncovered parking for twenty-five. Monument signage on Tower Drive ensures high visibility. The executive conference room is technology-ready for audio/video conferencing, including remote-control blackout shades and dimming lights. A variety of data and fiber optic capabilities are available. High-quality millwork and design throughout enhance the professional image. The entire space features fresh paint and new carpeting. This exceptional office space is ready for immediate occupancy. The 0.29-acre lot provides ample parking and visibility. A floor plan is available upon request. This is an exceptional opportunity to establish a prominent presence in a prime Monroe location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,839,254

  6.5%

  $3,543,926

  7%

  $3,290,789

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,563,712

  Geo Method

  $1,728,308

• Alternative Use

  Use

  Valuation

  Residential

  $4,394,468

  Hospitality

  $4,025,310

  Educational

  $3,349,010

  Medical

  $3,464,188

  Retail

  $5,209,572

Location Insight

City

Monroe

County

Ouachita

State

Louisiana

Latitude

32.5281

Longitude

-92.1004

CBSA code

33740

CBSA name

MONROE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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