1859 Avenue Of America, Monroe, LA 71201
sale
$265,000
|
Other
Courtesy Of John Rea Realty
Single-Tenant Office Investment | Long-Term Tenant Since 1992 | Monroe, LA Excellent opportunity to acquire a well-maintained, income-producing professional office building in North Monroe. Conveniently located on Avenue of America between North 18th Street and North 19th Street, this property offers investors a stable asset with a long-term tenant who has occupied the building continuously since 1992. The functional floor plan includes eight private offices, a breakroom, and three restrooms, providing an efficient layout designed to meet the needs of a variety of professional office users. The property's established location within a central business corridor further enhances its long-term appeal and accessibility. Investment Highlights: Single-tenant office investment Tenant in place since 1992 Proven occupancy and rental stability Eight private offices Breakroom and three restrooms Centrally located in North Monroe Established professional business corridor Strong long-term investment potential With over three decades of continuous occupancy, this property presents a rare opportunity to acquire a stable, income-producing asset backed by exceptional tenant longevity. Ideal for investors seeking dependable cash flow and long-term value in a well-established Monroe location.
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Property Features
- Age: 41-50 Years Old
- Architecture Style: Other
- Building Units: 0
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: Vinyl Siding
- Floor Covering: Carpet
- Floors: 1
- Heating System: Forced Air
- Heating System: Natural Gas
- MLSID: 11833168
- Roof Type: Asphalt
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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