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Avery Suites 601 N 5th St

19,200 SF 100% Leased Office Building Monroe, LA 71201 £1,877,880 (£98/SF)

Investment Highlights

  • Ample parking available.
  • Great tenant roster.

Executive Summary

Former Retail business, completely gutted in 2019 and totally renovated with 20 Executive Suites and 60 climate control storage units. Each office has individual thermostats and keyless entry to each space with outside entry on the side. Receptionist on duty all day for convenience of tenants. All utilities are furnished, including new fiber optic Wi Fi furnished. Full kitchen facility available with microwave, ice maker and refrigerator. Conference room seats 12 and is available at no charge to tenants. Cameras inside and outside property.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
19,200 SF
Building Class
C
Year Built/Renovated
1964/2019
Price
£1,877,880
Price Per SF
£98
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
19,200 SF
Building FAR
0.45
Lot Size
0.99 AC
Parking
35 Spaces (1.82 Spaces per 1,000 SF Leased)

Amenities

  • Signage
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DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
6,246
48,792
94,551
2024 Population
6,330
49,061
94,011
Population Growth '20-'24
1.3%
0.6%
-0.6%
2020 Households
2,967
20,104
37,805
2024 Households
2,987
20,156
37,544
Household Growth '20-'24
0.7%
0.3%
-0.7%
Average Age
39
39
38
Median Household Income
$43,971
$34,479
$38,156
Daytime Employees
15,752
52,957
106,903
Total Businesses
1,861
6,320
8,015
College Degree + Higher
25%
21%
22%
$ values in USD

PROPERTY TAXES

Parcel Numbers
Multiple
  • 50962
  • 95448
  • 48270
  • 44138
  • 53950
  • 45758
  • 75382
 Improvements Assessment £64,682
Land Assessment £10,041 Total Assessment £74,723

PROPERTY TAXES

Parcel Numbers
Multiple
  • 50962
  • 95448
  • 48270
  • 44138
  • 53950
  • 45758
  • 75382
Land Assessment
£10,041
Improvements Assessment
£64,682
Total Assessment
£74,723
(318) 330-2228

Contact

  • Listing ID: 34083567

  • Date on Market: 04/12/2024

  • Last Updated:

  • Address: 601 N 5th St, Monroe, LA 71201

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© 2024 CoStar Group

Avery Suites | 601 N 5th St
(318) 330-2228 x

Avery Suites | 601 N 5th St

Wayne Williamson

(318) 330-2228

(318) 330-2228

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