208 FRANKLIN DR WEST MONROE LA 71292-9416
12.6± Acre I-20 Frontage Industrial Property — 12,260± SF Buildings — Triple Net Lease at $19,899.50
Marketing description
Premier I-20 frontage commercial / industrial property at 208 & 210 Franklin Drive in West Monroe, Louisiana, comprising 12.6± acres improved with 12,260± square feet of buildings. The property is currently leased on a Triple Net (NNN) basis at $19,899.50 per month, providing immediate stabilized income to the new owner. It is selling at online auction as part of the Plunk Family Estate Commercial Real Estate Auction by Bonnette Auctions, closing Thursday, June 4, 2026 at 2:00 PM CDT in live virtual auction format with online bidding and live auctioneer audio.
The site features 600± feet of road frontage on Interstate 20 — with a traffic count of 73,420 vehicles per day — and 700± feet of road frontage on Franklin Drive, delivering exceptional visibility and access for industrial, distribution, retail, or commercial users. Located outside the West Monroe city limits in Ouachita Parish, the property is in Flood Zone X (minimal flood risk) and is enclosed by a chain link perimeter fence with gates. The current tenant operates a parts warehouse / salvage yard. Estimated annual taxes are approximately $30,149.
This is the largest property in the Plunk Family Estate Commercial Real Estate Auction and one of the most prominent I-20 frontage industrial offerings in the West Monroe / Monroe, Louisiana market. The combination of 12.6± acres, immediate Triple Net Lease income, 73,420 VPD traffic exposure, and 600 feet of interstate frontage makes this property suitable for long-term passive investors, 1031 exchange buyers, owner-users, redevelopment, or value-add investment strategies.
Auction Date & Time: Thursday, June 4, 2026 at 2:00 PM CDT
Format: Live Virtual Auction — online bidding with live auctioneer audio
Auctioneer: Bonnette Auctions
Bidding Platform: https://www.bonnetteauctions.com
Information & Showings: [email protected]
Auction Type: Plunk Family Estate Commercial Real Estate Auction — 11 properties offered as 12 lots in West Monroe, LA
Investment highlights
- Address: 208 & 210 Franklin Drive, West Monroe, LA 71292
- Lot Size: 12.6± acres
- Building Area: 12,260± square feet
- Lease Type: Triple Net Lease (NNN)
- Current Rent: $19,899.50 per month
- I-20 Frontage: 600± feet
- Franklin Drive Frontage: 700± feet
- Traffic Count: 73,420 VPD on I-20
- Flood Zone: X (minimal flood risk)
- Jurisdiction: Outside West Monroe city limits, Ouachita Parish, LA
- Current Use: Parts warehouse / salvage yard
- Site Improvements: Chain link perimeter fence with gates
- Estimated Annual Taxes: $30,149
- Ideal For: 1031 exchange, passive investor, owner-user, redevelopment, NNN income buyer
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