Sold: Neighborhood Walmart – 4430 DeSiard Street, Monroe

Sold:  Neighborhood Walmart / DeSiard Street / Monroe, LA

Date:  Feb. 20, 2018

Price:  $11,935,327

Seller:  Polestar La Monroe Desiard LLD

Buyer:  Terraza 8 LLC (principle office in California)

This is a build to suit project completed by the seller for Walmart.  This sale is a leased fee transaction with the right of occupancy held by Walmart.  The purchase price is based on the anticipation of rental income over the lease term.

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

Source:  The Legal Recorder / OP Tax Assessor / LA Secretary of State database