(Building & Land) Fee Simple. Freddy’s has a Brand new 20-year Absolute NNN lease with attractive 10% rental escalations every 5 years with four 5-year options to renew. The Tenant is a Seasoned 18+ year restaurant veteran that started out in the Subway system, opened/sold 4 successful Walk-Ons Sports Bistreaux locations and now own/ operates 5 Freddy’s in Arkansas! The lease is further backed by operator’s Personal Guarantees! Freddy’s is Successfully open & operating since 2024 with attractive 7.58% Rent to Sales Ratio! The Asset is Pad site to Alexandria Power Center, positioned on a ±0.41-acre parcel with excellent drive-by visibility on US-71 with traffic counts of 31,403 CPD! It is Across the highway from Alexandria Mall, blocks away from Walmart, Sam’s Club, Lowe’s, Hobby Lobby & Academy Sports + Outdoors. The Asset is Pad site to Alexandria Power Center with key tenants such as Harbor Freight, Office Depot, Citi Trends & Ashley Furniture; Nearby major retailers include Walmart, Target, Lowe’s, Home Depot, Sam’s Club, Hobby Lobby, Marshalls, Ross Dress for Less, Academy Sports + Outdoors, Old Navy, Boot Barn, Shoe Station, Five Below, Best Buy, Books-A-Million, Albertsons, PetSmart, Bath & Body Works, Planet Fitness; one mile from Alexandria Mall – a single-story enclosed mall anchored by Dillard’s, Michaels, & JCPenney with key tenants such as Hibbett Sports, Ulta Beauty, Shoe Dept. Freddy’s is 9 miles from Louisiana State University of Alexandria – a public college offering various undergraduate degrees in numerous disciplines, serving 7,684 students; 1 mile from CHRISTUS St. Frances Cabrini – offering a full-range of specialty & subspecialty services for preemie, pediatric, and teenage patients such as a Level 3 Regional Neonatal Intensive Care Unit with 300 beds; 4 miles from Rapides Regional Medical Center – an acute care facility with 346 licensed beds, it recognized as a Level II Trauma Center & Advanced Primary Stroke.