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- LoopNet Team
3213 S Macarthur Dr
Alexandria, LA 71303
7.7% CAP | $1.96M | NNN Johnny Carino's · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
ABOUT 3213 S MACARTHUR DR , ALEXANDRIA, LA 71303
This property is a single-tenant triple net (NNN) investment ideally located in the heart of Louisiana (Alexandria, LA). The building is a 6,069-square foot single-tenant retail building that sits on approximately 1.65 acres of land directly off the main north-south arterial highway (Highway 71). This property was developed for Carino’s Italian Grill circa 2003—the operators have run the restaurant successfully since that time. The current rent-to-sales ratio is about 8.00% which places the tenant’s gross revenues around $1.9 million per annum.
PROPERTY TAXES
| Parcel Number | 23-047-34174-0006 | Improvements Assessment | $182,250 |
| Land Assessment | $36,000 | Total Assessment | $218,250 |
PROPERTY TAXES
