Published on: Monday, November 18, 2024
Updated on: Monday, November 18, 2024
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About the Lister
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Name: Brandon Robinson
Company: Calvary Realty
Office Phone: (909)380-0073
Cell Phone: (760)534-8135
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  Exclusive Warehouse for Sale
100 Martinez Dr, Monroe Louisiana , 71203
100 Martinez Dr, Monroe Louisiana                                                                                           , 71203Calvary Realty
Listing ID: CL-Louisiana-12801

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Louisiana-12801
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1977
Building Size: 16,905.00 SqFt
Lot Size: N/A
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Calvary Realty is pleased to present Inside The Box Self Storage, a recently renovated facility located at 100 Martinez Drive in Monroe, Louisiana, within the Monroe Metropolitan Statistical Area, which has a population of over 221,000.
Complete Details
Year Build: 1977
Building Size: 16,905
No of Stories: N/A
Total Lot Area: N/A SqFt.
No of Parking: N/A
No of Total Units: 156
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
John 14:6 - Jesus said unto him "I am the Way, the Truth, and the Life. No one comes to the Father except through Me". Calvary Realty is pleased to present Inside The Box Self Storage, a recently renovated facility located at 100 Martinez Drive in Monroe, Louisiana, within the Monroe Metropolitan Statistical Area, which has a population of over 221,000. Priced at $550,000, this property spans 16,905 rentable square feet with 156 units, offering a highly competitive price per square foot of $32.53. Strategically positioned near Highway 89 and Monroe Regional Airport, this facility is easily accessible. Constructed with durable metal and concrete, this single-story facility was originally built in 1977 and expanded in 2022, reflecting significant capital improvements that support a streamlined automated operation. Located near Monroe Regional Airport and the University of Louisiana Monroe, the property benefits from consistent demand and visibility in a high-traffic area, making it a prime location for a variety of tenants. The surrounding community, including the 9th largest city in Louisiana, provides a large customer base, with traffic counts reaching 4,400 vehicles per day. Inside The Box Self Storage offers substantial value-add potential, with room for future expansion and a previous appraisal of $970,000. Upon stabilization, the property will be worth above $1M. This property provides an attractive opportunity for investors looking to acquire a value-add asset with room for growth in a rapidly developing area.
Additional Properties
Property Highlights
  • Newly Renovated
  • Set Up for Automated Operations
  • 9th Largest City in Louisiana
  • 200K+ Residents in Metropolitan Area
  • Low Price per sq. ft. of $33 (Below Replacement)
  • Rents Below Market
  • Previous Appraisal of $970K
  • $1M+ Valuation Upon Stabilization
  • Proximity to Monroe Reginal Airport
  • Home to the University of Louisiana Monroe
  • Expansion Potential
  • Value Add Investment
Features
  • Number of Buildings: 4
  • Year Built/Renovated: 1977 / 2022
  • Acreage: 8.52
  • Traffic Count: 4,400
Listing Location
Attached Documents
Lister's other Properties
Address: Calexico , Calexico California 92231
Listing ID: CL-California-12860
Listing Type: Commercial
Category: Industrial - Self-Storage Facility
Status: Active
Created On: 11/19/2024
Modified On: 11/19/2024
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Address: 7627 Memorial Dr , Rosepine Louisiana 70659
Listing ID: CL-Louisiana-12852
Listing Type: Commercial
Category: Industrial - Self-Storage Facility
Status: Active
Created On: 11/19/2024
Modified On: 11/19/2024
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Address: 5537 Croswell Rd , Croswell Michigan 48422
Listing ID: CL-Michigan-12839
Listing Type: Commercial
Category: Industrial - Warehouse
Status: Active
Created On: 11/19/2024
Modified On: 11/19/2024
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Address: Highway 395 & Seneca , Adelanto California 92301
Listing ID: CL-California-12834
Listing Type: Commercial
Category: Industrial - Warehouse
Status: Active
Created On: 11/19/2024
Modified On: 11/19/2024
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Address: 4301 N. 4th Street , Enid Oklahoma 73701
Listing ID: CL-Oklahoma-12832
Listing Type: Commercial
Category: Industrial - Warehouse
Status: Active
Created On: 11/19/2024
Modified On: 11/19/2024
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