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Shopping Strip

Freestanding Retail - Louisiana North Area Submarket

2260 S MacArthur Dr, Alexandria, LA 71301

Listing Price: $1,350,000

Cap Rate
6.55%
Rentable SF
5,611
Lot Size
1.31 acres
Year Built
2015

Investment Overview

2260 S MacArthur Dr is a standout retail investment opportunity, combining location desirability, recent property enhancements, full tenancy, and strategic land use. Its position in the growing Louisiana North Area Submarket, coupled with substantial parking and flexible zoning, positions this asset as a valuable addition to any investment portfolio, promising steady returns and potential for value growth.

This location is strategically situated along S. MacArthur Dr. (“Hwy 71”) with a traffic volume exceeding 19,000 cars per day and near Hwy 165, which sees 37,000 cars per day. It's southeast of The Alexandria International Airport and benefits from the presence of numerous nationally known retail brands, indicating a vibrant commercial and retail environment. Businesses in the vicinity include Walmart, Sam’s, Target, Albertson’s, Home Depot, Lowe’s, Best Buy, Petsmart, Marshall’s, Chase, Anytime Fitness, Starbuck’s, Chick Fil La, Mc Donald’s, Taco Bell, KFC, and Sonic.

Investment Highlights

  • Prime Location: Nestled in a suburban area, the property benefits from its direct frontage on S MacArthur Dr, ensuring high visibility and accessibility for tenants and customers alike.
  • Recent Renovations: The building underwent significant renovations within the last two years, enhancing its appeal and functionality to meet and exceed modern retail demands.
  • 100% Leased: This multi-tenant retail asset is fully occupied, providing immediate and consistent revenue generation. Its 100% lease status underscores the property's desirability in the market.
  • Optimal Size and Specifications: With a total RSF of 5,622 SF situated on 1.31 acres, the property is well-suited to accommodate a variety of retail operations.
  • Predictable Revenue Growth: Scheduled rent increases and option periods ensure an upward revenue trajectory and protect against inflation.
  • Diverse Tenant Mix: With tenants from the retail and healthcare sectors, the property benefits from a mix that can attract a broad customer base, enhancing its resilience against market fluctuations.

Exclusively Listed By

Financing By

Shopping Strip

Freestanding Retail - Louisiana North Area Submarket

Listing Price: $1,350,000

Cap Rate
6.55%
Rentable SF
5,611
Lot Size
1.31 acres
Year Built
2015

Investment Highlights

  • Prime Location: Nestled in a suburban area, the property benefits from its direct frontage on S MacArthur Dr, ensuring high visibility and accessibility for tenants and customers alike.
  • Recent Renovations: The building underwent significant renovations within the last two years, enhancing its appeal and functionality to meet and exceed modern retail demands.
  • 100% Leased: This multi-tenant retail asset is fully occupied, providing immediate and consistent revenue generation. Its 100% lease status underscores the property's desirability in the market.
  • Optimal Size and Specifications: With a total RSF of 5,622 SF situated on 1.31 acres, the property is well-suited to accommodate a variety of retail operations.
  • Predictable Revenue Growth: Scheduled rent increases and option periods ensure an upward revenue trajectory and protect against inflation.
  • Diverse Tenant Mix: With tenants from the retail and healthcare sectors, the property benefits from a mix that can attract a broad customer base, enhancing its resilience against market fluctuations.

Investment Overview

2260 S MacArthur Dr is a standout retail investment opportunity, combining location desirability, recent property enhancements, full tenancy, and strategic land use. Its position in the growing Louisiana North Area Submarket, coupled with substantial parking and flexible zoning, positions this asset as a valuable addition to any investment portfolio, promising steady returns and potential for value growth. This location is strategically situated along S. MacArthur Dr. (“Hwy 71”) with a traffic volume exceeding 19,000 cars per day and near Hwy 165, which sees 37,000 cars per day. It's southeast of The Alexandria International Airport and benefits from the presence of numerous nationally known retail brands, indicating a vibrant commercial and retail environment. Businesses in the vicinity include Walmart, Sam’s, Target, Albertson’s, Home Depot, Lowe’s, Best Buy, Petsmart, Marshall’s, Chase, Anytime Fitness, Starbuck’s, Chick Fil La, Mc Donald’s, Taco Bell, KFC, and Sonic.

Exclusively Listed By

Financing By

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