1501 Southern Ave
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1501 Southern Ave
5,920 SF Office Building Monroe, LA 71202 £390,867 (£66/SF)
Executive Summary
InCommercial Property Group is pleased to offer the opportunity to acquire a former dialysis clinic occupied building in Monroe, LA. The 5,920 SF property is being offered for $750,000 for sale or $7,300 per month for rent. The site is ready for immediate occupancy and is ideal for a medical office or dialysis clinic user. The property is strategically located between two busy retail and business corridors.
Tenant to continue to pay rent until lease expiration date of February 28th 2025 or option buy out remaining lease term and occupy the space immediately.
Tenant to continue to pay rent until lease expiration date of February 28th 2025 or option buy out remaining lease term and occupy the space immediately.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Tenants option to buy property
Property Type
Office
Property Subtype
Medical
Building Size
5,920 SF
Building Class
B
Year Built
2000
Price
£390,867
Price Per SF
£66
Tenancy
Single
Number of Floors
1
Typical Floor Size
5,920 SF
Building FAR
0.10
Lot Size
1.30 AC
Opportunity Zone
Yes
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PROPERTY TAXES
| Parcel Number | 75247 | Improvements Assessment | £71,034 |
| Land Assessment | £4,320 | Total Assessment | £75,353 |
PROPERTY TAXES
Parcel Number
75247
Land Assessment
£4,320
Improvements Assessment
£71,034
Total Assessment
£75,353
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1501 Southern Ave
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