Active
Sale
Retail

1920 Louisville Ave

1920 Louisville Ave, Monroe, LA 71201

For Sale

$6,825,000

$50.98/SF

Building Size
133,887 SF
Lot Size
11.426 ac
Parish
Ouachita
Listed
06/23/2026
Updated
06/23/2026
1920 Louisville Ave
1 / 3

Overview

Danville Plaza is a value-add shopping center located in the heart of Monroe, Louisiana. Roses recently relocatedand expanded into the anchor space, confirming their commitment to the market. With new ten-year termsexecuted by both Home Outlet (EC Barton) and Roses, combined with the other four national retailers, makesDanville a center of stability and upside. The only non-national retailer is Gonzalez, which is a four-unit regionalMexican restaurant. They opened in January 2026 and signed a seven-year lease. The Roses space has a brand newTPO roof, and the Home Outlet, Shoe Show, and Cititrends roof is also TPO and approximately five years old. Thereis still 15,000 sq/ft left to lease, so investors can enjoy solid cash flow with the ability to improve NOI through leaseup.Outparcel in front of Roses is included in the sale, but the outparcel in front of the Home Outlet and thePopeye’s are not included. Contact agent for additional details.

Additional Information

City
Monroe
State
LA
Zip Code
71201
Zoning
B3
Agent Ownership Interest
Yes
Building Name
Danville Plaza Shopping Center
Building Class
B
Parking Spaces
568
Nearest MSA
Monroe
Property Status
Existing
Listing ID
65c7729d

Parcel & Location