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FREDDY’S – ALEXANDRIA, LA 1802 MacArthur Dr 2,897 SF 65% Leased 4-Star Retail Building Alexandria, LA 71301 $2,400,000 ($828.44/SF) 7% Cap Rate

Storefront Properties Louisiana Alexandria 1802 MacArthur Dr, Alexandria, LA 71301

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Investment Highlights

  • • BRAND NEW 20-YEAR ABSOLUTE NNN LEASE: Brand new 20-year Absolute NNN lease with attractive 10% rental escalations every 5 years
  • • HIGH SALES VOLUME LOCATION: Successfully open & operating since 2024 with attractive 7.58% Rent to Sales Ratio!
  • • TRAFFIC COUNTS: Pad site to Alexandria Power Center, positioned on a ±0.41-acre parcel with excellent drive-by visibility on US-71 with traffic coun
  • • TENANT | PERSONAL GUARANTORS: Seasoned 18+ year restaurant veteran that started out in the Subway system
  • DENSE RETAIL CORRIDOR: Across the highway from Alexandria Mall, blocks away from Walmart, Sam’s Club, Lowe’s, Hobby Lobby & Academy Sports + Outdoors
  • • 2026 DEMOGRAPHICS: Total Population (5MI): 57,067 | Average Household Income (1MI): $90,392

Executive Summary

(Building & Land) Fee Simple

Attachments

freddys.alexandria

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
2,897 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$2,400,000
Price Per SF
$828.44
Cap Rate
7%
NOI
$168,000
Percent Leased
65%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.41 AC
Zoning
C
Frontage
1,251’ on MacArthur Dr

Amenities

  • Pylon Sign
  • Restaurant
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Freddy's Frozen Custard
  • Accommodation and Food Services
  • -
  • -
  • Aug 2046
Tenant Industry SF Occupied Rent/SF Lease End
Freddy's Frozen Custard Accommodation and Food Services - - Aug 2046

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 100
  • 31,880 SF
  • Retail
  • Outparcel
  • Now
  • 105
  • 48,373 SF
  • Retail
  • In-Line
  • Now
  • 108
  • 16,327 SF
  • Retail
  • In-Line
  • Now
  • 110
  • 8,667 SF
  • Retail
  • In-Line
  • Now
  • 122
  • 7,982 SF
  • Retail
  • In-Line
  • Now
  • B
  • 2,446 SF
  • Retail
  • In-Line
  • Now
Space Size Space Use Position Available
100 31,880 SF Retail Outparcel Now
105 48,373 SF Retail In-Line Now
108 16,327 SF Retail In-Line Now
110 8,667 SF Retail In-Line Now
122 7,982 SF Retail In-Line Now
B 2,446 SF Retail In-Line Now

100

Size
31,880 SF
Space Use
Retail
Position
Outparcel
Available
Now

105

Size
48,373 SF
Space Use
Retail
Position
In-Line
Available
Now

108

Size
16,327 SF
Space Use
Retail
Position
In-Line
Available
Now

110

Size
8,667 SF
Space Use
Retail
Position
In-Line
Available
Now

122

Size
7,982 SF
Space Use
Retail
Position
In-Line
Available
Now

B

Size
2,446 SF
Space Use
Retail
Position
In-Line
Available
Now

Links

1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Source: Local Logic®

Nearby Major Retailers

First Guaranty Bank
Regions Bank
Roly Poly Sandwiches
Freddy's
Cadence Bank
Kroger
Chase Bank
Capital One
Applebee's
Texas Roadhouse

Property Taxes

Parcel Number 24-043-33101-0011 Improvements Assessment $0
Land Assessment $100 Total Assessment $100

Property Taxes

Parcel Number
24-043-33101-0011
Land Assessment
$100
Improvements Assessment
$0
Total Assessment
$100
(480) 718-5555

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 41545740

  • Date on Market: 8/4/2026

  • Last Updated:

  • Address: 1802 MacArthur Dr, Alexandria, LA 71301

The Retail Property at 1802 MacArthur Dr, Alexandria, LA 71301 is currently available for Sale. Contact Commercial Investment Advisors, INC for more information.

NEARBY LISTINGS

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Contact the Sale Advisor

FREDDY’S – ALEXANDRIA, LA | 1802 MacArthur Dr

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