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934 3rd St 60,000 SF 100% Leased Office Building Alexandria, LA 71301 $1,250,000 ($20.83/SF)



INVESTMENT HIGHLIGHTS
- Located in the Museum District in the heart of Alexandria!
- Easy access to Interstate 95 and 1 block from the bus station.
- 11 story office tower directly across the street from the city convention hall.
- Surrounded by food and shopping with a pharmacy right next door.
EXECUTIVE SUMMARY
Current vacant building with opportunity for a makeover for great potential located in the heart of Alexandria! Spanning an area of 27 square miles, the city of Alexandria is the largest city in central Louisiana with a population of around 48,000 people. This moderately-sized city has a consistently rising population and has been undergoing revitalization in recent years. This property is about 8 miles from Alexandria International Airport with easy access to U.S. Route 165 and Interstate 49.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
60,000 SF
Building Class
B
Year Built
1921
Price
$1,250,000
Price Per SF
$20.83
Percent Leased
100%
Tenancy
Multiple
Building Height
11 Stories
Typical Floor Size
5,000 SF
Building FAR
2.75
Lot Size
0.50 AC
Opportunity Zone
Yes
Bike Score®
Very Bikeable (87)
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934 3rd St
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