Average square foot calculated using Size range provided by listing agent.
Description
Positioned on Highway 165 in Sterlington—just north of Monroe—this turnkey commercial investment delivers upside, diversity, and immediate cash flow with an 8% cap rate in a market showing sustained development momentum. The building is configured as four equal 1, 250 SF units (5, 000 SF total) with a mix of built-out medical, professional office, and retail-ready space, making it attractive to both stabilized income seekers and value-add investors. Sterlington has become a rising node in the region’s commercial real estate landscape, anchored by new mixed-use growth and increasing population/employment spillover from Monroe. Strong Yield: 8.0% cap rate—above local average office cap rates in Sterlington, signaling premium return relative to recent deals. Built-In Medical Demand: Two units (Spaces 2 & 3) fully built out for medical use, tapping into a scarce specialized-use niche in the region. Flexible Income Mix: Office/breakroom/bathroom in Space 1, medical-ready in 2 & 3, and retail with imminent medical build-out in Space 4—diversified tenant profile reduces vacancy risk. Visibility & Access: Highway 165 frontage provides strong daily exposure to local and commuter traffic feeding into Monroe’s broader commercial catchment. Schedule to see this property today!Show Description
MLS® Number215812
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorLandscaping
GarageNo
Approx. Age2019
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatElectric, Central
A/CCentral Air, Electric
Heating Fuel
Extras
Similar Listings
Get notified of price or status changes by saving this listing