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HIGHLIGHTS
- I-20 visibility and access
- Spacious and versatile layout
- Prime location in Monroe
- Strategic commercial landscape positioning
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 49,278 SF | 21’ - 28’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
3650 Millhaven Rd - 1st Floor
Introducing an exceptional leasing opportunity at 3650 Millhaven Rd in Monroe, LA. This impressive 55,000 SF property, built in 2002 and meticulously renovated in 2015, is perfectly suited for a Retail/Power Center investor. I-20 visibility and access, it offers a prime location within the thriving commercial landscape of Monroe. The property's strategic positioning and significant square footage make it a highly desirable asset for retail development. The building consist of 50,000 SF± on the 1st floor and additional 5,000 SF± of office on the 2nd floor, this versatile property presents an ideal canvas for a retail powerhouse to create an impactful presence in the vibrant Monroe area. Take advantage of this exceptional space to unlock the full potential of your retail business. Don't miss the chance to secure this outstanding space for your leasing needs.
- Finished Ceilings: 21’ - 28’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 49,278 SF | Gross Leasable Area | 157,226 SF |
| Center Type | Community Center | Total Land Area | 15.19 AC |
| Parking | 726 Spaces | Year Built | 1998 |
| Center Properties | 2 |
| Total Space Available | 49,278 SF |
| Center Type | Community Center |
| Parking | 726 Spaces |
| Center Properties | 2 |
| Gross Leasable Area | 157,226 SF |
| Total Land Area | 15.19 AC |
| Year Built | 1998 |
ABOUT THE PROPERTY
Discover the vibrant potential of the Monroe, LA area surrounding the property at 3650 Millhaven Rd. As a prospective Retail/Power Center, you'll find a bustling location with access to a variety of popular shopping destinations, dining options, and entertainment venues. The property's proximity to I-20 provides convenient access for both local and out-of-town visitors. Nearby attractions such as Pecanland Mall, University of Louisiana Monroe, and Louisiana Purchase Gardens and Zoo provide a steady flow of visitors to the area. With major retailers and a strong consumer base, the area offers the perfect setting for your retail business to thrive. Experience the prime location and endless opportunities for success in this dynamic retail environment. There are use restrictions.
NEARBY MAJOR RETAILERS
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Pecan Park | 3750 Millhaven Rd
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