Category: Uncategorized

Memorandum of Lease and Competitor Exclusions

August 20, 2014 (Book 2387 / Page 407)

Landlord:  Peters Family Urban Properties, LLC

Tenant:  Whataburger Real Estate, LLC

What:  15 year ground lease / 1.28 acres on Louisville Avenue (next to Arby’s)

“Tenant intends to build a restaurant facing Louisville Avenue.”  Source:  memorandum of lease.

Source:  Conveyance record / Note:  this information is for reference only and should not be relied

upon without proper verification.  The information in this post is not guaranteed.

 

 

Sold: Vacant land on Desiard Street, Monroe, LA for Rocketfast Carwash

Sale 1:

Seller: Morrison Investments, LLC

Buyer: Taylor Robertson, LLC

Price: $165,000

Size: 0.7 acres (estimated from plat record)

Sale Date: 8/21/2014

Sale 2:

Seller: Charles Wilkes, et al

Buyer: Taylor Robertson, LLC

Price: $113,000

Size: 0.47 acres (estimated from plat record)

Sale Date: 8/21/2014

Sale 3:

Seller: Conquest Investments Ventures, LLC

Buyer: Taylor Robertson, LLC

Price: $20,000

Sale Date: 8/21/2014

 

Sale 4:

Seller:  Chad Elias, et al

Buyer:  Taylor Robertson, LLC

Price:  $70,000

Sources: Legal Recorder; conveyance records; assessor’s website, plat records

Disclaimer: The above information is not guaranteed. Not for use without proper verification.

 

 

Sold: Vacant land on North 18th Street, Monroe, LA (Future Neighborhood Market site)

Seller: America’s Park Development Company LLC

Buyer: Polestar LA Monroe Avenue of Americas LLC

Sale Date: 7/30/14

Price: $940,000

Size: 3.365 acres or 146,600 square feet (per conveyance record)

Sources: Legal Recorder; conveyance records; assessor’s website

Disclaimer: The above information is not guaranteed. Not for use without proper verification.

 

 

 

Sold: Office in Louisville Plaza Subdivision (3130 Mercedes Drive) Monroe, Louisiana

Date: 7/25/14

Seller: Ronald & Martha Powell

Buyer: Stamper Properties, LLC

Price: $320,000

Approximate size: 3,500 square feet

Sources: Legal Recorder; conveyance record; MLS

Disclaimer: The above information is not guaranteed. Not for use without proper verification.

 

Sold: Excel Mart (3095 Arkansas Road) in West Monroe, Louisiana

Date: 7/25/2014

Seller: Ashok Arya and Roopa Arya

Buyer: R & K Brothers, Inc.

Price: $1,240,000

Sources: Legal Recorder; conveyance record

Disclaimer: The above information is not guaranteed. Not for use without proper verification.

 

 

Sold: Vacant land at the corner of Desiard and Gilbert (two tracts joining together with frontage on Desiard)

Sale 1 Date: 7/18/14

Seller: Sherrouse Plantation LLC

Buyer: Polestar LA Monroe Desiard LLC

Price: $1,693,528

Sale 2 Date: 7/18/14

Seller: Mahmoud Sheikh Khalil et al

Buyer: Polestar LA Monroe Desiard LLC

Price: $1,800,000

Note:  The accuracy of the above information is not guaranteed.  Not for use without proper verification. Source:  The Legal Recorder, Inc. / Conveyance records

 

Sold: Vacant lot at the corner of Forsythe and Oliver Road, Monroe, LA

Date: 7/15/14

Seller: Oak Park Properties of Monroe LLC

Buyer: Jeffrey Elkins et al

Price: $650,000

Size: 71,500 square feet (+/-) or 1.641 acres

Price/Square foot: $9.09

Note:  The accuracy of the above information is not guaranteed.  Not for use without proper verification.

Source:  The Legal Recorder, Inc. / Conveyance records / Plat record

 

Sold:   Glenwood Trace Apartments

Date:  7/14/2014

Seller:  Glenwood Trace, LLC

Buyer:  LCP West Monroe, LLC

Price:  $5,000,000

Note:  The accuracy of the above information is not guaranteed.  Not for use without proper verification.

Source:  The Legal Recorder, Inc. / Conveyance records

 

 

Sold:   Towne Oaks Apartments

July 9, 2014

Seller:  Munimae Towne Oaks, LLC

Buyer:   Juniper McKeen, LLC

Price:  $6,000,000

Note:  The above information is for reference only and should not be relied upon without proper verification.  The accuracy of the above information is not guaranteed.

Source:  The Legal Recorder, Inc. / Conveyance Records

Sold:  3000 Evangeline / Monroe, LA (Live Oaks Apartments)

Date:  July 9, 2014

Seller:  Munimae Live Oaks, LLC

Buyer:  Juniper Evangeline, LTD

Price:  $6,225,000

Note:  The above information is for reference only and should not be relied upon without proper verification.  The accuracy of the above information is not guaranteed.

Source:  The Legal Recorder, Inc. / Conveyance records