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2271 Tower Dr
Monroe, LA 71201

Price Upon Request

Bank For Sale  •  3,500 SF

Property Details

  • Property Type Bank
  • Total Building Size 3,500 SF
  • Lot Size 0.68 AC
  • Building Class B
  • Year Built 2023
  • Tenancy Single
0 Transit Score
55 Walk Score

Highlights

2023 Build-to-Suit b1BANK Relocation Site That Features State of the Art Design and Class A Construction Along With Three Drive-Thru Lanes
Corporately Guaranteed Lease By Business First Bancshares (NASDAQ: BFST) - $250 Million in Revenue in 2024 and a Market Cap of Over $824 Million
Long-Term Net Lease With Over 8 Years Remaining Featuring 1.2% Rent Increases Annually, Providing a Strong Hedge Against Inflation
Six Banks Are Positioned Within 1/2 Mile of the Subject Property, Demonstrating the Strategic Nature of the Site For b1BANK
Surrounding New Construction Homes Highlight the Strength of the Immediate Submarket
This Property is Shadow Anchored By a Top Performing Walmart; According to Placer.AI, This Walmart is in the 77th Percentile in Louisiana

Major Tenants

Tenant SF Occupied Lease End Date
b1BANK 3,500 SF 6/30/2033

Amenities

  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Monroe Regional 10 min - 5.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 17
Type: Surface
Included in Rent: Yes