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Riverbarge Rd 801 Riverbarge Rd 390,899 sq ft Industrial Property Monroe, LA 71202 £15,027,966 (£38.44/sq ft) 7.97% Net Initial Yield
EXECUTIVE SUMMARY
This is an exceptional opportunity for investors to acquire a 100%-leased industrial warehouse in Monroe, Louisiana that's occupied by a Fortune 500 tenant. The primary structure includes approximately 354,057 SF of ground-level warehouse and office space, with additional mezzanine storage for a total of ±390,899 SF of gross leasable area (GLA). In addition to the main facility, the offering also includes a separate ±5,880 SF maintenance shop and wash bay (not included in the GLA total), a ±4.5-acre concrete-paved truck court with fenced parking, and a total site area of ±17 acres. Designed for modern distribution and flexible industrial use, the facility features 20 dock doors and is strategically positioned in south Monroe with direct access to Highway 165 and under four miles from Interstate 20—ensuring strong regional connectivity for logistics and transportation users.
PROPERTY FACTS
| Price | £15,027,966 | Net Internal Area (NIA) | 390,899 sq ft |
| Price per sq ft | £38.44 | No. Floors | 1 |
| Sale Type | Investment NNN | Year Built | 1970 |
| Yield | 7.97% | Tenancy | Single |
| Property Type | Industrial | Parking Allocation | 0.06/1,000 sq ft |
| Property Subtype | Distribution Warehouses | Eaves Height | 35 ft |
| Costar Property Class | B | No. Dock-High Doors/Loading | 20 |
| Total Plot Size | 17.00 ac | No. Drive In / Grade-Level Doors | 1 |
| Use Class | C2 - Heavy Commercial | ||
| Price | £15,027,966 |
| Price per sq ft | £38.44 |
| Sale Type | Investment NNN |
| Yield | 7.97% |
| Property Type | Industrial |
| Property Subtype | Distribution Warehouses |
| Costar Property Class | B |
| Total Plot Size | 17.00 ac |
| Net Internal Area (NIA) | 390,899 sq ft |
| No. Floors | 1 |
| Year Built | 1970 |
| Tenancy | Single |
| Parking Allocation | 0.06/1,000 sq ft |
| Eaves Height | 35 ft |
| No. Dock-High Doors/Loading | 20 |
| No. Drive In / Grade-Level Doors | 1 |
| Use Class | C2 - Heavy Commercial |
AMENITIES
- Security System
UTILITIES
- Lighting
- Water
- Sewer
- Heating
1 1
PROPERTY TAXES
| Parcel Number | 85922 | Improvements Assessment | £7,548 |
| Land Assessment | £5,981 | Total Assessment | £13,530 |
PROPERTY TAXES
Parcel Number
85922
Land Assessment
£5,981
Improvements Assessment
£7,548
Total Assessment
£13,530
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Riverbarge Rd | 801 Riverbarge Rd
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