2401 Louisville Avenue $985,000

John Rea Realty is pleased to present the exclusive listing for a Redevelopment Opportunity located at 2401 Louisville Ave in Monroe, LA. The site consists of approximately 2,958 SF of QSR with drive-thru and 15,000 SF of asphalt surface parking on an estimated 1.95 AC of land with billboard income. The site benefits from strong visibility and exposure to Louisville Ave, one of Monroe`s main business arteries, which sees well over 21,000 vehicles per day. Signalized traffic lights at one of the property`s access points allows for easy flow of traffic to and from the site. B-3 Zoning (general business\commercial district) provides a wide range of retail and business uses; excellent when considering redevelopment. Adjacent properties include National\Regional Retail Tenants: Arby`s, Whataburger, Bojangles, Catfish Charlie`s, Office Depot, Roses Express, Walmart, Raising Cane`s, Ollie`s, AT and T, GameStop, Walgreens, BooksAMillion, Planet Fitness, Firehouse Subs, Pizza Hut. In a market where demand for presence along this high-traffic commercial corridor is drastically outstripping supply; now is the time to buy!!!

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