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2385 S Macarthur Dr
Alexandria, LA 71301
Alexandria Station | Value-Add NNN · Retail Property For Sale
Investment Highlights
- 60%+ occupancy - multi-tenant retail asset with significant upside and in-place cash flow via NNN leases.
- Current tenants: Lendmark Financial and Vexus Fiber which have leases through 2030 & 2028 with rent increases
- Highly accessible property sitting just off the heavily trafficked Highways 71 and 165 and less than 3 miles from Interstate 49.
- Value-add opportunity by leasing the 2 vacant units totaling 4,620 SF
- Prime retail opportunity with an Albertson's shadow anchor near national tenants such as Sam's Club, Target, Walmart Supercenter, and more.
- The 3-mile radius boasts an average household income of $74,560, with a projected 10% growth over the next 5 years.
Property Facts
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,660 SF
Building Class
C
Year Built
2007
Percent Leased
60%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.45 AC
Parcel Number
24-052-00205-0009
Zoning
C-2 - Business/Commercial
Parking
68 Spaces (5.83 Spaces per 1,000 SF Leased)
Frontage
158’ on South MacArthur Drive
Amenities
- Signage
1 of 1
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