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4971 Central Avenue North
Monroe, LA 71203
Asking Price
$10.95M
Asset Type
Distribution Industrial
Class
Class B
What's Special
Industrial <ul><li>±51,447 SF Two-Building Industrial Property in Great Condition</li><li>Located at Central Avenue and Airline Boulevard</li><li>Owner Occupied Medical Supply Storage Facility</li><li>±42,735 SF Office/Warehouse with 31.7% Finished Office Space</li><li>±8,712 SF Climate Controlled Warehouse</li><li>Steel Frame Construction with Metal Siding & Roofs</li><li>Six Overhead Doors, 25’–36’ Eave Heights, Etc.</li></ul>
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NOI
$80,000
Cap Rate
0.73%
DSCR
0.12
Underwater
Cash-on-Cash
-17.35%
Monthly Payment
$54,174.625
Annual Cash Flow
$-570,095.506
