Cross Keys Bank

Investment Overview

Cross Keys Bank Building presents the opportunity to acquire a 66,431-square-foot, three-story office property strategically located within one of Monroe’s most established commercial corridors. Situated on approximately 3.42 acres, the property is anchored by Cross Keys Bank and features a diverse tenant mix comprising government agencies, financial institutions, healthcare providers, and professional service firms. The tenant roster includes Cross Keys Bank, the Internal Revenue Service, the Louisiana Workforce Commission, ODAR, Innovative Communicators, Precision Caregivers, and numerous other established office users. Currently approximately 58% occupied, the property offers an attractive value-add opportunity for an investor capable of executing a targeted leasing strategy to capture the significant upside associated with the available space. Offered at approximately $34 per square foot, the property provides an attractive basis well below replacement cost, immediate in-place cash flow, and meaningful upside through lease-up. Flexible suite configurations accommodate users ranging from small professional practices to larger regional organizations, while abundant on-site parking and convenient accessibility further enhance the property’s appeal. With its established tenant base, strategic location, and substantial leasing potential, Cross Keys Bank Building offers investors the opportunity to acquire a cash-flowing office asset with significant value-creation potential through active asset management.

Investment Highlights

• ±66,431 SF Three-Story, Multi-Tenant Office Building Anchored by Cross Keys Bank
• Situated on ±3.42 Acres in Monroe’s Established Commercial Corridor
• Diverse Institutional & Professional Tenant Base, Including the IRS and Louisiana Workforce Commission
• Approximately 58% Occupied, Offering Significant Value-Add Leasing Potential
• Offered Well Below Replacement Cost
• Immediate In-Place Cash Flow with Meaningful Upside Through Lease-Up
• Flexible Suite Configurations Accommodating a Broad Range of Office Users
• Abundant On-Site Parking and Convenient Accessibility
• Attractive Long-Term Investment with Multiple Avenues for Value Creation