Building Details:
• Year Built: 2004
4757 Pecanland Mall Drive is located in Monroe, LA.
Corporate Realty’s Investment Division is proud to present this two-bay, free standing Men’s Wearhouse in Monroe, Louisiana.
Please follow this link to be directed to the auction.com marketing site:
http://www.auction.com/louisiana/commercial-auction-asset/193029418-15492-4757-pecanland-mall-dr-monroe-la-71203-b_155
The property was built in 2004. the Men’s Wearhouse has recently signed a new 5-year triple net lease ending in 2020. The Men's Wearhouse occupies 3,500 square feet, and there is one 2500 square foot vacancy.
The property is a pad to the 936,000 square foot Pecanland Mall, which is the region’s only major mall location. Pecanland Mall is owned by General Growth Properties, is 99% occupied, and attracts customers from northern Louisiana and southern Arkansas, covering a radius of over 100 miles. The rear of the subject property fronts I-20 near the Garrett Road/ Pecanland Mall exit.
Pecanland Mall, owned by Chicago-based General Growth Properties and built in 1985 on the east side of Monroe, LA, is anchored by Dillards, Belk, JCPenney, Sears, Old Navy, Dick’s Sporting Goods, Burlington Coat Factory, Stein Mart, a 10 screen movie theater, and over 100 specialty shops and contains a 450 seat food court.
Other area retailers include the following:
• Target
• Lowe’s Home Improvement
• T ownplace Suites
• Residence Inn - Monroe Airport
• Home Depot
• Applebee’s
Property Features:
• Petco
• Haverty’s Furniture
• Courtyard by Marriott - Monroe Airport • Dress Barn
• Olive Garden (next door)
• Long Horn Steakhouse
• 22,800 sf of building
• 3,500 sf The Men’s Wearhouse (B+ credit rating) (NYSE: TMW)
• 28 parking spaces
• 70,367 CPD traffic
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