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Call For Offers - Glenwood Medical Mall 102 Thomas Rd 203,716 SF 38% Leased Office Building West Monroe, LA 71291 For Sale
Investment Highlights
- Medical Mall: 203,716 SF on 18.86 AC / Redevelopment Opportunity.
- Separate Call for Offers: Adjacent 5.35 AC Bell Lane Tract. Pricing Guidance $1,050,000.
- Data Room info available upon execution of CA and Financial Verification Capability Form.
Executive Summary
CALL FOR OFFERS OPPORTUNITY. THE NEXT CHAPTER.
For decades, Glenwood Medical Mall served as a cornerstone of healthcare services within Northeast Louisiana. Today, this landmark property presents one of the region's most significant redevelopment and repositioning opportunities.
Situated adjacent to Glenwood Regional Medical Center, the offering includes approximately 203,716 square feet of existing improvements on approximately 18.85 acres, featuring existing medical occupancy, extensive parking, and substantial redevelopment potential.
The property offers opportunities for continued medical use, healthcare-related services, mixed-use redevelopment, office conversion, institutional use, or other adaptive reuse concepts, subject to applicable approvals and Seller Conditions.
An additional ±5.35-acre tract located along Bell Lane is also available as a separate offering, creating the opportunity to control approximately 24 acres within one of West Monroe's established healthcare corridors.
The property is being offered through a structured Call for Offers process. Investors, developers, healthcare operators, and institutional users are encouraged to request the Offering Memorandum and due diligence materials.
Seller Conditions apply. Information deemed reliable but not guaranteed. Contact listing broker for offering details, timelines, and document access.
For decades, Glenwood Medical Mall served as a cornerstone of healthcare services within Northeast Louisiana. Today, this landmark property presents one of the region's most significant redevelopment and repositioning opportunities.
Situated adjacent to Glenwood Regional Medical Center, the offering includes approximately 203,716 square feet of existing improvements on approximately 18.85 acres, featuring existing medical occupancy, extensive parking, and substantial redevelopment potential.
The property offers opportunities for continued medical use, healthcare-related services, mixed-use redevelopment, office conversion, institutional use, or other adaptive reuse concepts, subject to applicable approvals and Seller Conditions.
An additional ±5.35-acre tract located along Bell Lane is also available as a separate offering, creating the opportunity to control approximately 24 acres within one of West Monroe's established healthcare corridors.
The property is being offered through a structured Call for Offers process. Investors, developers, healthcare operators, and institutional users are encouraged to request the Offering Memorandum and due diligence materials.
Seller Conditions apply. Information deemed reliable but not guaranteed. Contact listing broker for offering details, timelines, and document access.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Building Size
203,716 SF
Building Class
B
Year Built
1972
Percent Leased
38%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
203,716 SF
Building FAR
0.25
Lot Size
18.86 AC
Zoning
B-3 - General Business District
Parking
742 Spaces (3.64 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Conferencing Facility
- Security System
- Signage
- Skylights
- Wheelchair Accessible
- Reception
- Storage Space
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
- Backup Power / Generators
- Awning
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 2649 | Improvements Assessment | $1,018,724 |
| Land Assessment | $246,279 | Total Assessment | $1,265,003 |
Property Taxes
Parcel Number
2649
Land Assessment
$246,279
Improvements Assessment
$1,018,724
Total Assessment
$1,265,003
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Videos
Matterport 3D Exterior
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Photos
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Street
Map
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Contact the Sale Advisor
Call For Offers - Glenwood Medical Mall | 102 Thomas Rd