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Executive Summary
High-visibility property on N Monroe Street featuring 266±feet of frontage and over 125 parking spaces. All prior improvements have been removed, offering a blank canvas for renovation and customization. Property can accommodate single or multiple tenants. Excellent exposure with 40,500 vehicles per day.
Located on N Monroe St (US Hwy 27) and less than 1/2 mile from the I-10 Interchange, this property is subject to high traffic counts and ideal location.
Located on N Monroe St (US Hwy 27) and less than 1/2 mile from the I-10 Interchange, this property is subject to high traffic counts and ideal location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
15,184 SF
Building Class
B
Year Built
1972
Price
$3,000,000
Price Per SF
$197.58
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.57 AC
Zoning
CP - Commercial Parkway
Parking
125 Spaces (8.23 Spaces per 1,000 SF Leased)
Frontage
266’ on N N Monroe St St
Amenities
- Dedicated Turn Lane
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Tipper
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Tipper | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 21-23-20-008-000.0 | Improvements Assessment | $840,429 |
| Land Assessment | $592,416 | Total Assessment | $1,432,845 |
Property Taxes
Parcel Number
21-23-20-008-000.0
Land Assessment
$592,416
Improvements Assessment
$840,429
Total Assessment
$1,432,845
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2698 N Monroe St
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