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Skechers & Squires Formalwear 4301 Pecanland Mall Dr 9,372 SF 100% Leased Retail Building Monroe, LA 71203 $2,761,500 ($294.65/SF) 7.10% Cap Rate

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Investment Highlights

Outparcel to the 250,000 SF Pecanland Commons anchored by Target and Ross (2.3M visits)
Adjacent to the regional 964,123 SF Pecanland Mall, the only regional mall within 90 miles of Monroe, LA
Minutes to University of Louisiana at Monroe (9,200+ students) and Louisiana Delta Community College (3,800+ students)

Retail tenants in the immediate area include Home Depot, Target, Belk, Dillard’s, Dick’s, Kohl’s, Michaels, TJ Maxx, Best Buy, Sam's Club and Lowe's
Strong access, connectivity and visibility along Interstate 20 (62,000+ VPD)
Situated in the heart of a hyper-dense retail district with immediate access to I-20

Executive Summary

This two-tenant Skechers & Squires Formalwear boasts a prime location within Monroe’s thriving 43M SF commercial and retail district. The Property is situated on an outparcel to Pecanland Commons (Target & Ross anchored center), immediately adjacent to Home Depot, Kohl’s, Michaels, Best Buy, TJ Maxx, Ulta and the 964,000 SF regional Pecanland Mall. Offering strong access and exposure to I-20, the Property is perfectly positioned within a dense retail environment. With close proximity to the University of Louisiana at Monroe (9,200+ students) and Louisiana Delta Community College (3,800+ students), this ideal tenant mix bodes well to the surrounding community.