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31512144
31512153

130 Desiard Street, Monroe, LA 71201 For Sale

MS
LA SALE.0995682439-ACT
Saurage Rotenberg Commercial Real Estate
Listed by Saurage Rotenberg Commercial Real Estate
$9,193,050
104 days on market
Updated 20 days ago

Vantage Tower Portfolio: 3 Buildings + Surface Lot

Details
APN 53951 Additional Parcel APNs 53953 76850 53956 53952 53947 61060 61055
Property Type Hospitality, Office
Sub Type Executive Office, Hotel (+1)
Acreage 2.625
Parking Spaces 212 spaces

Hospitality

Marketing description

Offering Overview

As part of a potential 7-building portfolio, this offering includes two (2) office buildings along with their dedicated off-street parking. See per-building breakdown below:

Vantage Tower: 130 DeSiard Street

  • Classification: Sprinklered Class A Tower + Parking Garage + Surface Lots
  • Tower RSF / USF: 120,643 SF / 90,229 SF
  • Parking Garage: 28,065 SF — 149 spaces
  • Gross Building Area: 148,708 SF (includes garage)
  • Levels: Eleven (11) levels plus Mezzanine and Basement
  • Parking: 194 total (149 garage + 45 surface on Grand St.)
  • Elevators: Four (4) — 3 passenger @ 2,500 LB (all floors), 1 service (Bsmt–Lobby–Mezz)
  • Infrastructure: 3-phase electrical, whole-building generator
  • Year Built: 1921
  • Renovations: 2017 — $3,200,000 (main lobby & banquet hall); 2019 — $1,795,000 (parking garage roof addition)
  • Flood / Zoning: Flood Zone X (No Flood) | CBD
  • Adjacent: 0.5-acre city parking lot across DeSiard (paid)

The Medical Office (TMO): 112 St. John Street

  • Classification: Class A CBD Retail / Office
  • Building Size: 3,115 SF
  • Parking: 18 dedicated off-street spaces (separate lot included)
  • Year Built: 1980s
  • Flood / Zoning: Flood Zone X (No Flood) | CBD

Affinity / St. John Pharmacy: 110 St. John Street

  • Classification: Class A CBD Retail
  • Building Size: 3,754 SF
  • Levels: Two (2)
  • Parking: None dedicated
  • Year Built: 1920s
  • Flood / Zoning: Flood Zone X (No Flood) | CBD

Grand Street Parking Lots

  • Includes Two (2) Improved Lots on N. Grand St.
  • .087 Acres
  • 45 Parking Spots

Larger Portfolio (Separate Offering)

In addition to this offering, prospective purchasers should be aware of the larger 7-building Vantage Property Portfolio, currently available for sale.

The portfolio consists of approximately 290,000 rentable square feet of office and retail space in the core of downtown Monroe, Louisiana, supported by 409 dedicated parking spaces across a structured garage, surface lots, and street-adjacent locations. All properties are well maintained, sprinklered where applicable, and located in Flood Zone X (no flood insurance required).

The portfolio is anchored by two multi-story assets:

  • State Building: 108,683 SF | six (6) levels
  • Vantage Tower: 120,643 SF | eleven (11) levels + connected 149-space parking garage

These anchor assets have benefited from over $29 million in combined capital investment, including:

  • $24 million renovation — State Building (2014–2015)
  • $5 million in improvements — Vantage Tower

Both properties feature 3-phase electrical service, whole-building generators, multiple elevators, and institutional-grade infrastructure.

MARKET CONTEXT — NORTH LOUISIANA AI CORRIDOR

North Louisiana has attracted over $50 billion in announced data center investment, creating an unprecedented demand surge across the region.

Meta broke ground in January 2025 on one of the largest AI data centers in the country in Richland Parish, approximately 30 miles east of Monroe. Originally announced at $10 billion, the project has grown to an estimated $27–30 billion investment with approximately 4,000 construction workers currently on site. Monroe, as the region's largest city, is the primary beneficiary of the resulting demand for housing, hospitality, dining, and professional services.

In February 2026, Amazon announced a $12 billion investment in data centers in northwest Louisiana, expected to create 540 direct jobs and over 1,700 indirect jobs. A third major project — a $10 billion data center in West Feliciana Parish — is also underway.

The impact on Monroe's downtown is already visible: sales tax collections are up 10% year over year, new hotel developments are accelerating, American Airlines has added flights to Monroe Regional Airport, and out-of-state developers are pursuing adaptive reuse projects in the CBD for the first time in decades.

Listing Contacts

MS
LA SALE.0995682439-ACT
Saurage Rotenberg Commercial Real Estate
Listed by Saurage Rotenberg Commercial Real Estate

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