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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



Investment Highlights
- Located in Forsythe Business Park
- 2 Units occupied with 3 available
Executive Summary
5-Unit Office Investment | Forsythe Business Park | Monroe, LA Take advantage of this income-producing office investment opportunity in the highly desirable Forsythe Business Park. This well-maintained multi-tenant office building consists of five individual suites, each approximately 537 square feet and featuring two private offices, a reception/lobby area, and a private restroom. The flexible floor plans accommodate a variety of professional office, personal service, and boutique business uses. Current Occupancy & Income: Unit A:Available June 15, 2026 – $800/month Unit B: Leased – $800/month Unit C: Leased – $800/month Unit D: Leased – $625/month Unit E:Leased – $625/month Current Monthly Income: $2,850 Potential Monthly Income at Full Occupancy: $3,650 Unit B previously operated as a salon and includes a large water heater, making it particularly attractive for similar service-oriented businesses. With only one upcoming vacancy, this property offers immediate cash flow with minimal lease-up risk and additional upside through the occupancy of Unit A. Whether you're an investor seeking a stable income-producing asset or an owner-user looking to occupy a suite while benefiting from rental income from the remaining tenants, this property presents a compelling opportunity. Located in one of Monroe's most active commercial corridors, the property offers excellent visibility, convenient access, and strong long-term investment potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office
Building Size
4,077 SF
Building Class
C
Year Built
1980
Price
$299,000
Price Per SF
$73.34
Cap Rate
3.67%
NOI
$10,973
Percent Leased
65%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,366 SF
Building FAR
0.45
Lot Size
0.21 AC
Zoning
B-2 - B-2
Parking
9 Spaces (2.21 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 59379 | Improvements Assessment | $8,375 |
| Land Assessment | $2,937 | Total Assessment | $11,312 |
Property Taxes
Parcel Number
59379
Land Assessment
$2,937
Improvements Assessment
$8,375
Total Assessment
$11,312
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Justice Street Office Suites | 2105 Justice St
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