Justice Street Office Suites 2105 Justice St 4,077 SF 65% Leased Office Building Monroe, LA 71201 $299,000 ($73.34/SF) 3.67% Cap Rate

5-Unit Office Investment | Forsythe Business Park | Monroe, LA
Excellent opportunity to acquire a multi-tenant office building in the highly desirable Forsythe Business Park in Monroe. This well-located property consists of five individual office suites, each approximately 537 square feet and thoughtfully designed with two private offices, a reception/lobby area, and a restroom—ideal for a variety of professional or service-oriented users.
Current Occupancy & Income:
Unit A: Owner-occupied (no current rental income)
Units B & C: Vacant and available for lease at $800/month per unit
Unit B was previously utilized as a salon and includes a large water heater, offering flexibility for similar uses
Units D & E: Currently leased with a combined monthly income of $1,300
This property presents a strong value-add opportunity with immediate leasing potential and upside through stabilization of vacant units. Its flexible layout supports a wide range of uses including professional offices, boutique retail, personal services, and more.
Highlights:
Prime location in Forsythe Business Park
Multi-tenant investment with upside potential
Functional suite layouts with private restrooms
Established business corridor with strong visibility and accessibility
Whether you're an investor seeking income growth or an owner-user looking to occupy a portion while generating supplemental income, this property offers versatility and long-term potential in one of Monroe’s most active commercial areas.