Vacant-User
Freestanding Retail Shopping Strip
2260 S MacArthur Dr, Alexandria, LA 71301
Listing Price: $1,100,000
Investment Overview
Marcus & Millichap is pleased to present 2260 S MacArthur Drive, a standout retail investment opportunity in Alexandria, Louisiana. Combining location desirability, recent property enhancements, full tenancy, and strategic land use, the asset is well-positioned in the growing Louisiana North Area Submarket. Coupled with substantial parking and flexible zoning, the property offers steady returns and the potential for value growth, making this freestanding retail asset a promising addition to any investment portfolio.
The property is strategically situated along S MacArthur Drive (Highway 71) with a heavy traffic volume in excess of 20,000 cars per day and near Highway 165, which sees 37,000 cars per day. Moreover, Alexandria International Airport is just northwest of the property, offering ample connectivity to the surrounding region and beyond. This freestanding retail shopping center also benefits from the presence of numerous nationally acclaimed retail brands, with businesses in proximity including Walmart, Sam’s, Target, Albertson’s, Home Depot, Lowe’s, Best Buy, PetSmart, Marshall’s, Chase, Anytime Fitness, Starbuck’s, Chick Fil La, McDonald’s, Taco Bell, KFC, Sonic, and more.
Freestanding Retail Shopping Strip
Investment Highlights
- This multi-tenant retail asset is fully occupied, providing immediate and consistent revenue generation. Its 100 Percent lease status underscores the property's desirability in the market.
- The building underwent significant renovations, enhancing its appeal and functionality to meet and exceed modern retail demands.
- Scheduled rent increases and option periods ensure an upward revenue trajectory and protect against inflation.
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Listing Price: $1,100,000
Investment Highlights
- This multi-tenant retail asset is fully occupied, providing immediate and consistent revenue generation. Its 100 Percent lease status underscores the property's desirability in the market.
- The building underwent significant renovations, enhancing its appeal and functionality to meet and exceed modern retail demands.
- Scheduled rent increases and option periods ensure an upward revenue trajectory and protect against inflation.
Investment Overview
Marcus & Millichap is pleased to present 2260 S MacArthur Drive, a standout retail investment opportunity in Alexandria, Louisiana. Combining location desirability, recent property enhancements, full tenancy, and strategic land use, the asset is well-positioned in the growing Louisiana North Area Submarket. Coupled with substantial parking and flexible zoning, the property offers steady returns and the potential for value growth, making this freestanding retail asset a promising addition to any investment portfolio. The property is strategically situated along S MacArthur Drive (Highway 71) with a heavy traffic volume in excess of 20,000 cars per day and near Highway 165, which sees 37,000 cars per day. Moreover, Alexandria International Airport is just northwest of the property, offering ample connectivity to the surrounding region and beyond. This freestanding retail shopping center also benefits from the presence of numerous nationally acclaimed retail brands, with businesses in proximity including Walmart, Sam’s, Target, Albertson’s, Home Depot, Lowe’s, Best Buy, PetSmart, Marshall’s, Chase, Anytime Fitness, Starbuck’s, Chick Fil La, McDonald’s, Taco Bell, KFC, Sonic, and more.
Exclusively Listed By
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