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33816627
33816623

102 Thomas Road, West Monroe, LA 71291

JC
LA LA995693195
John Rea Realty
Listed by John Rea Realty
Unpriced
10 days on market
Updated 9 days ago

Call For Offers - Glenwood Medical Mall

Details
APN 2649
Property Type Retail, Office (+1)
Sub Type Medical Office, QSR/Fast Food (+1)
Square Footage 203,716
Net Rentable (SqFt) 155,040
Units 44
Occupancy 38%
Tenancy Multi
Lease Type Modified
Broker Co-Op True
Class C
Year Built 1972
Buildings 1
Stories 1
Acreage 18.850
Zoning B-3
Parking Spaces 754 spaces
Parking per 1,000 SqFt 3.70
Investment Type Redevelopment
Ground Lease No
Ownership MPT of West Monroe, LLC
Sale Condition N/A

Medical Mall Repositioning & Redevelopment Opportunity

Marketing description

Glenwood Medical Mall | Call for Offers

John Rea Realty is pleased to present Glenwood Medical Mall, a rare opportunity to acquire a ±203,716 SF medical office and healthcare campus situated on ±18.85 acres immediately adjacent to Glenwood Regional Medical Center in West Monroe, Louisiana. The Property consists of a 44-suite multi-tenant medical office complex strategically positioned within one of the region's most established healthcare corridors.

Currently operating at approximately 38% occupancy, the Property offers a unique combination of existing occupancy, healthcare infrastructure, and significant value-add potential through lease-up, repositioning, redevelopment, and campus reconfiguration. Existing occupancy includes hospital-affiliated clinics, private medical tenants, and healthcare-related users, while approximately 95,523 SF of vacant space provides flexibility for future ownership strategies.

The Property benefits from multiple access points via Thomas Road, McMillan Road, Cypress Street, and Bell Lane, offering exceptional accessibility and redevelopment flexibility. Potential future uses include medical office expansion, outpatient services, specialty healthcare, senior services, mixed-use integration, retail outparcels, multi-building campus redevelopment, and other complementary healthcare-oriented uses.

An adjacent ±5.35-Acre Bell-Cypress Retail Park Development opportunity is also being offered through a separate Call for Offers process and may be acquired independently or in conjunction with the Medical Mall, providing additional expansion and redevelopment opportunities.

The Next Chapter.

For generations, this site served as a destination. First as McMillan Mall, later as the Glenwood Medical Mall, and now as a redevelopment opportunity capable of shaping the future of the corridor for decades to come.

For developers, investors, healthcare operators, and institutional users, the Property offers the opportunity to bring new life to a West Monroe landmark while creating a transformative project for both the community and the broader Northeast Louisiana region.

Opportunities of this size, location, and scale rarely come to market. Don’t miss your chance to reshape and unlock one of West Monroe’s largest redevelopment opportunities.

The Property is being offered through a sealed bid Call for Offers process. Property tours are available by appointment. Additional due diligence materials are available through a secure Data Room upon execution of a Confidentiality Agreement and verification of financial capability.

Qualified purchasers are invited to submit their highest and best offer for consideration by Seller.

**Call for Offers Timeline**

  • Call For Offers Launch: June 22, 2026
  • Questions Deadline: Wednesday, July 8, 2026
  • Seller Responses Posted: Friday, July 10, 2026
  • Offers Due: Wednesday, July 22, 2026
  • Seller Review / Short List: Friday, July 24, 2026
  • Best & Final (If Requested): Friday, July 31, 2026

*Subject to Seller review procedures, including potential requests for additional information, interviews, redevelopment discussions, best and final offers, lender review, and board/committee approvals.

Investment highlights

  • ±203,716 SF Medical Office Campus on ±18.85 Acres
  • Adjacent to Glenwood Regional Medical Center
  • ±95,523 SF Vacancy Creates Significant Value-Add Potential
  • Multiple Redevelopment & Mixed-Use Strategies
  • Adjacent ±5.35-Acre Bell-Cypress Retail Park Development opportunity

Listing Contacts

JC
LA LA995693195
John Rea Realty
Listed by John Rea Realty

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Zoning

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B-3 CommercialGeneral CommercialGeneral Business District
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Last updated Mar 16, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Jennifer Causey
License
LA995693195
Brokerage Phone
318-388-0941
Brokerage Address
1901 Royal Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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