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208 Franklin Dr 12,260 SF Industrial Building West Monroe, LA 71292 For Sale
Investment Highlights
- Current Rent: $19,899.50 per month
- 73,420 VPD traffic exposure
- Lease Type: Triple Net Lease (NNN)
Executive Summary
Premier I-20 frontage commercial / industrial property at 208 & 210 Franklin Drive in West Monroe, Louisiana, comprising 12.6± acres improved with 12,260± square feet of buildings. The property is currently leased on a Triple Net (NNN) basis at $19,899.50 per month, providing immediate stabilized income to the new owner. It is selling at online auction as part of the Plunk Family Estate Commercial Real Estate Auction by Bonnette Auctions, closing Thursday, June 4, 2026 at 2:00 PM CDT in live virtual auction format with online bidding and live auctioneer audio.
The site features 600± feet of road frontage on Interstate 20 — with a traffic count of 73,420 vehicles per day — and 700± feet of road frontage on Franklin Drive, delivering exceptional visibility and access for industrial, distribution, retail, or commercial users. Located outside the West Monroe city limits in Ouachita Parish, the property is in Flood Zone X (minimal flood risk) and is enclosed by a chain link perimeter fence with gates. The current tenant operates a parts warehouse / salvage yard. Estimated annual taxes are approximately $30,149.
This is the largest property in the Plunk Family Estate Commercial Real Estate Auction and one of the most prominent I-20 frontage industrial offerings in the West Monroe / Monroe, Louisiana market. The combination of 12.6± acres, immediate Triple Net Lease income, 73,420 VPD traffic exposure, and 600 feet of interstate frontage makes this property suitable for long-term passive investors, 1031 exchange buyers, owner-users, redevelopment, or value-add investment strategies.
Property Highlights
Address: 208 & 210 Franklin Drive, West Monroe, LA 71292
Lot Size: 12.6± acres
Building Area: 12,260± square feet
Lease Type: Triple Net Lease (NNN)
Current Rent: $19,899.50 per month
I-20 Frontage: 600± feet
Franklin Drive Frontage: 700± feet
Traffic Count: 73,420 VPD on I-20
Flood Zone: X (minimal flood risk)
Jurisdiction: Outside West Monroe city limits, Ouachita Parish, LA
Current Use: Parts warehouse / salvage yard
Site Improvements: Chain link perimeter fence with gates
Estimated Annual Taxes: $30,149
Ideal For: 1031 exchange, passive investor, owner-user, redevelopment, NNN income buyer
Auction Information
Auction Date & Time: Thursday, June 4, 2026 at 2:00 PM CDT
Format: Live Virtual Auction — online bidding with live auctioneer audio
Auctioneer: Bonnette Auctions
Bidding Platform: https://www.bonnetteauctions.com
Information & Showings: info@bonnetteauctions.com
Auction Type: Plunk Family Estate Commercial Real Estate Auction — 11 properties offered as 12 lots in West Monroe, LA
The site features 600± feet of road frontage on Interstate 20 — with a traffic count of 73,420 vehicles per day — and 700± feet of road frontage on Franklin Drive, delivering exceptional visibility and access for industrial, distribution, retail, or commercial users. Located outside the West Monroe city limits in Ouachita Parish, the property is in Flood Zone X (minimal flood risk) and is enclosed by a chain link perimeter fence with gates. The current tenant operates a parts warehouse / salvage yard. Estimated annual taxes are approximately $30,149.
This is the largest property in the Plunk Family Estate Commercial Real Estate Auction and one of the most prominent I-20 frontage industrial offerings in the West Monroe / Monroe, Louisiana market. The combination of 12.6± acres, immediate Triple Net Lease income, 73,420 VPD traffic exposure, and 600 feet of interstate frontage makes this property suitable for long-term passive investors, 1031 exchange buyers, owner-users, redevelopment, or value-add investment strategies.
Property Highlights
Address: 208 & 210 Franklin Drive, West Monroe, LA 71292
Lot Size: 12.6± acres
Building Area: 12,260± square feet
Lease Type: Triple Net Lease (NNN)
Current Rent: $19,899.50 per month
I-20 Frontage: 600± feet
Franklin Drive Frontage: 700± feet
Traffic Count: 73,420 VPD on I-20
Flood Zone: X (minimal flood risk)
Jurisdiction: Outside West Monroe city limits, Ouachita Parish, LA
Current Use: Parts warehouse / salvage yard
Site Improvements: Chain link perimeter fence with gates
Estimated Annual Taxes: $30,149
Ideal For: 1031 exchange, passive investor, owner-user, redevelopment, NNN income buyer
Auction Information
Auction Date & Time: Thursday, June 4, 2026 at 2:00 PM CDT
Format: Live Virtual Auction — online bidding with live auctioneer audio
Auctioneer: Bonnette Auctions
Bidding Platform: https://www.bonnetteauctions.com
Information & Showings: info@bonnetteauctions.com
Auction Type: Plunk Family Estate Commercial Real Estate Auction — 11 properties offered as 12 lots in West Monroe, LA
Property Facts
| Sale Type | Investment or Owner User | Rentable Building Area | 12,260 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Year Built | 1980 | |
| Building Class | C | Tenancy | Single |
| Lot Size | 12.45 AC |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | |
| Building Class | C |
| Lot Size | 12.45 AC |
| Rentable Building Area | 12,260 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Tenancy | Single |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Wholesaler
- -
- -
- -
LKQ Corporation began in 1998 when Donald Flynn purchased an Ohio recycling company. The business grew through acquisitions into a major aftermarket auto parts supplier. Today, it operates through wholesale distribution and specialty segments across North America and Europe. The company provides both mechanical and collision repair parts for various vehicles. Its extensive network serves professional repair shops and dealerships while maintaining a presence in multiple international markets.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Wholesaler | - | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 24765 | Improvements Assessment | $81,586 |
| Land Assessment | $126,801 | Total Assessment | $208,387 |
Property Taxes
Parcel Number
24765
Land Assessment
$126,801
Improvements Assessment
$81,586
Total Assessment
$208,387
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208 Franklin Dr
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