Author: Kim Allen

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SOLD: Vacant lot on Tower Drive in Monroe, LA

Sold: Vacant lot on Tower Drive in Monroe, Louisiana

Seller: FCB Properties LLC

Buyer: NELA Dental of Monroe Real Estate Holdings LLC

Sale Date: 02/07/2017

Sale Price: $599,000 / $11.09 per square foot

Land Size: 1.24 acres or 54,014 square feet

Sources: Ouachita Parish Assessor’s website, Legal Recorder, Conveyance Record

Disclaimer:  This information is for reference only and should not be relied upon without proper verification.

 

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SOLD: Land at the corner of Tower and Oliver in Monroe, LA

Sold: Land at the corner of Tower Drive and Oliver Road in Monroe, Louisiana

Seller: Columbia Benevolent Association

Buyer: Holyfield Assets LLC

Sale Date: 01/09/2017

Sale Price: $750,000

Land Size: 1.098 acres or 47,829 square feet(per assessor)

Note: Improvements are thought to have no contributory value to the sale.

Sources: Ouachita Parish Assessor’s website, Legal Recorder

Disclaimer:  This information is for reference only and should not be relied upon without proper verification. The conveyance record was unavailable for verification at the time of post.

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SOLD: Men’s Warehouse Building on Pecanland Mall Drive in Monroe, LA

Sold: Men’s Warehouse Building at 4757 Pecanland Mall Drive in Monroe, Louisiana

Seller: West River Park LLC

Buyer: Brokenburn Inc.

Sale Date: 01/06/2017

Sale Price: $1,050,000

Land Size: 0.523 acres (per assessor)

Building Size: 6,000 square feet (per assessor)

Sources: Ouachita Parish Assessor’s website, Legal Recorder

Disclaimer:  This information is for reference only and should not be relied upon without proper verification. The conveyance record was unavailable for verification at the time of post.

 

 

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SOLD: Retail Strip Center on Eagle Drive in Ruston, LA

Sold: Retail Strip Center on Eagle Drive in Ruston, Louisiana.  Property adjoins Wal-Mart Supercenter.

Seller: Eagle Plaza of Ruston, LLC

Buyer: SFP Pool Seven, LLC

Sale Date: 11/21/2016

Sale Price: $4,925,000

Land Size: 4.893 acres (per assessor)

Units: Ten retail spaces (Dollar Tree, PetSense, GNC, Shoe Show, GameStop, Rue 21, Ronin Hibachi, Cheeburger Cheeburger, and others)

Sources: Lincoln Parish Assessor’s website, Clerk of Court, Legal Recorder

Disclaimer:  This information is for reference only and should not be relied upon without proper verification.

 

 

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SOLD: Multi-family Apartments on Warhawk Way in Monroe, LA

Sold: Multi-family apartment units at 801 Warhawk Way in Monroe, Louisiana

Seller: Colewa Property Rentals, LLC

Buyer: Joshua C. Chambless

Sale Date: 11/22/2016

Sale Price: $2,100,000

Land Size: 3.031 acres (per assessor)

Units: 24 – 2 bed/2 bath ; 6 – 3 bed/2 bath ; 7 – 1 bed/1 bath

Sources: Ouachita Parish Assessor’s website, Clerk of Court, Legal Recorder

Disclaimer:  This information is for reference only and should not be relied upon without proper verification.

 

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SOLD: CVS at the corner of Cypress Street and Bell Lane in West Monroe, LA

Sold: CVS at the corner of Cypress Street and Bell Lane in West Monroe, Louisiana (3423 Cypress Street)

Seller: Alexander Fund V

Buyer: JR Monroe Investments LLC

Sale Date: 09/20/2016

Sale Price: $3,250,000

Land Size: 1.378 acres (per deed)

Sources: Ouachita Parish Assessor’s website, Clerk of Court, Legal Recorder

Disclaimer:  This information is for reference only and should not be relied upon without proper verification.

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SOLD: Two Walmart Neighborhood Markets in Monroe and West Monroe, LA

Sold: Two Walmart Neighborhood Markets (1840 N. 18th in Monroe, LA and 2400 Cypress Street in West Monroe, LA)

North 18th Site

Seller: Polestar LA Monroe Avenue of Americas LLC

Buyer: Realty Income Properties 17 LLC

Sale Date: 06/28/2016

Sale Price: $11,361,779 (Annual rent is $624,909 for 20 years; NNN; 5.5% cap rate)

Land Size: 3.907 acres (per conveyance)

Sources: OP Assessor’s website , Clerk of Court, Legal Recorder

Cypress Street Site

Seller: Polestar LA West Monroe Flanagan LLC

Buyer: Realty Income Properties 17 LLC

Sale Date: 06/28/2016

Sale Price: $11,087,020 (Annual rent is $609,797 for 20 years; NNN; 5.5% cap rate)

Land Size: 5.811 acres (per conveyance)

Sources: OP Assessor’s website , Clerk of Court, Legal Recorder

Disclaimer: This information is for reference only and should not be relied upon without proper verification.

North 18th

Cypress

 

 

 

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SOLD: Strip Center at 8950 Highway 165 in Sterlington, LA

Sold: Strip Center at 8950 Hwy 165 in Sterlington, Louisiana

Seller: Steelheart Investments, LLC

Buyer: Hickory Ridge Holdings, LLC

Sale Date: 06/24/2016

Sale Price: $3,000,000

Building Size: 20,860 square feet

Land Size: 1.877 acres (per conveyance)

Sources: OP Assessor’s website , Clerk of Court, Legal Recorder

Disclaimer: This information is for reference only and should not be relied upon without proper verification.

 

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SOLD: Vacant lot on Highway 165 N in Monroe, LA

Sold: Vacant lot on Highway 165 N in Monroe, Louisiana (next to El Azteca Mexican Restaurant)

Seller: Johnny L. and Carleen T. Reeves

Buyer: DT Retail Properties, LLC

Sale Date: 05/05/2016

Sale Price: $447,563

Land Size: 1.247 acres (per OP Assessor)

Sources: OP Assessor’s website , Clerk of Court, Legal Recorder

Disclaimer: This information is for reference only and should not be relied upon without proper verification.

 

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