Monroe, LA Commercial Real Estate for Lease and Sale
Explore 54 listing(s) of commercial real estate in Monroe, LA to find the best space for your business.
Frequently Asked Questions
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Here is a rundown of the primary commercial real estate property types currently available in Monroe:
- Office Space: The market includes 151,698 square feet of office spaces in addition to 3 coworking locations.
- Retail Space: Between malls, restaurants and stores, Monroe is home to 1,213,061 square feet of available retail space.
- Industrial Space: Warehouses, distribution centers, manufacturing facilities and other industrial types total 302,817 square feet of available space in Monroe.
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The average rent for commercial real estate in Monroe is $12.42 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Monroe costs $8.49, while the city’s premium locations ask up to $15.46.
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Here is a breakdown of the average size of different property classes (also known as asset class or property type):
- Class A/A+ properties have an average size of 30,340 square feet.
- Class B properties are sized 5,928 square feet, on average.
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CommercialCafe’s CRE offering in Monroe is enabled by a network of 21 active brokers from 8 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.
To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
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The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.
Asking rents in the city can be as high as $15.46 per square foot. In particular, the property type commanding the highest lease rates in Monroe is Retail space.
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The average size of a commercial property here stands at 126,324. However, different asset classes and zoning laws will result in vastly different property sizes. Here is a breakdown of the average size of different commercial asset classes in Monroe:
Office properties:- Average size: 30,340 square feet.
- Average size: 93,313 square feet.
- Largest property: Space Available (48,139 square feet).
- Average size: 100,939 square feet.
Monroe, LA Commercial Space Listings
Commercial Space for Lease - Breakdown
The 16 listings for commercial real estate currently available for rent in Monroe add up to 794,856 square feet across various property types. Here's a breakdown of the available space by category:| Property Type | Count of Listings | Total Sq. Ft. |
|---|---|---|
| Office | 2 | 2,895 |
| Retail | 12 | 465,637 |
| Industrial | 1 | 200,000 |
| Other | 1 | 126,324 |
Office properties:
- The market has 2 active office listings, encompassing 2,895 square feet.
- Monroe office spaces currently listed on CommercialCafe represent 12% of the total commercial real estate market in Monroe, compared to an average of 39% across all markets tracked by CommercialCafe.
Retail Space:
- There are 12 retail listings available, adding up to a total of 465,637 square feet.
- Retail spaces account for approximately 75% of the local commercial market, while the average share taken up by retail in all U.S. markets is 35%.
Industrial Space:
- The industrial market in Monroe offers 1 listing, amounting to 200,000 available square feet.
- Industrial spaces, including warehouses and manufacturing sites, make up about 6% of the total commercial space available in the market, compared to a nationwide average of 24%.
Commercial Space for Sale - Breakdown
There are currently 36 properties listed for sale in the Monroe market, adding up to 968,856 square feet of space available for purchase. Here is a breakdown of the commercial space for sale listed locally:- 10 office properties
- 4 retail properties
- 12 industrial properties
| Property Type | Count of Listings | Total Sq. Ft. |
|---|---|---|
| Office | 10 | 162,704 |
| Retail | 4 | 149,948 |
| Industrial | 12 | 82,684 |
| Other | 10 | 573,520 |
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