Justice Street Office Suites 2105 Justice St 4,077 SF 65% Leased Office Building Monroe, LA 71201 $411,113 CAD ($100.84 CAD/SF) 3.67% Cap Rate

5-Unit Office Investment | Forsythe Business Park | Monroe, LA
Acquire a stabilizing multi-tenant office asset in Monroe's established Forsythe Business Park. Five individually metered office suites — each ±537 SF — deliver functional, right-sized layouts for a broad tenant base including professional services, medical/health, personal services, and boutique retail.
Current Income & Occupancy
Unit Status Monthly Income
Unit A Vacant – Available$800/mo
Unit B Vacant – Available$800/mo
Unit C Leased $800/mo
Unit D Leased $625/mo
Unit E Leased $625/mo
Total Current Income$2,050/mo ($24,600/yr)Pro Forma (Stabilized)$3,650/mo ($43,800/yr)
Investment Highlights
Immediate upside — 2 vacant units ready for lease at $800/mo each; full stabilization adds $1,600/mo in gross income
Proven rent basis — in-place leases at D/E validate the submarket and unit economics
Flexible suite design — each unit includes two private offices, reception/lobby, and private restroom; ideal for attorneys, insurance agents, therapists, staffing firms, and similar users
Unit B specialty value — previously operated as a salon with an oversized water heater; well-suited for personal service tenants seeking turnkey infrastructure
Owner-user potential — occupy one or more units while collecting income from leased suites
Strong corridor visibility — Forsythe Business Park is an established, high-traffic commercial destination with strong accessibility and co-tenancy
Property Summary
Building Type: Multi-Tenant Office
Total Units: 5
Avg. Suite Size: ±537 SF
Suite Configuration: 2 private offices + reception + restroom (each unit)
Current Occupancy: 60% (3 of 5 units income-producing)
Current NOI Basis: $2,050/mo gross
Stabilized Gross Income: $3,650/mo
Market: Monroe, LA – Forsythe Business Park