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Appraisals / Brokerage / Property Management / 318-387-9092 / magraham@mgmai.com / 1300 Hudson Lane / Monroe, LA

Monthly Archives: November 2013

Sold: Land for Super Market Development / Arkansas Road @ Kiroli / W.M.

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Sold:  Corner of Arkansas and Kiroli Road / West Monroe, LA

Use:  All information indicates development of a super market / grocery store
Date:  November 12, 2013
Seller:  Wade R. Baggette, Trustee of the Nancy W. Baggette Trust No. 2
Buyer:  Super Market Developers, Inc. 
Price:  $750,000
Note:  Principals appear to be associated with Associated Wholesale Grocers.  The “Memorandum of Build and Lease Agreement” states a 30,000 square feet will be constructed.  

Sold: Land next to Regions on N.18th in Monroe

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Sold: Vacant lot next to Regions Bank on North 18th Street in Monroe / Corner of North 18th and Avenue of America
Seller: Cavender Enterprise Leasing Family, LLC
Buyer: Campco of Monroe Inc.
Price: $565,000
Date: 11/14/2013
Land Area: 1.33 acres or 58,000 square feet (source: Owner)
Legal: Lot 1 Regions Subdivision
Source: Conveyance record
Disclaimer: All of the above information is for reference only and should not be relied upon for proper verification.



Sold: Multi-tenant Retail Center / 2601 N. 7th Street, WM, LA

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Sold: Multi-tenant retail center / 2601 N. 7th Street
Seller: Braxton Properties, LLC
Buyer: JH of Ouachita, LLC
Price: $980,000
Date: 10/24/2013
Land Area: 0.709 acres (source:  MLS / conveyance record)  
Improvement Size: 8,400 square feet (source:  MLS)
Source: Conveyance record

Disclaimer:  All of the above information is for reference only and should not be relied upon with proper verification.