2265 S Macarthur Dr - Supermarket FOR SALE


Alexandria, LA 71301
$8,250,200 USD
703-477-1315
2265 S Macarthur Dr, Alexandria, LA for Sale
$8,250,200 USD
Supermarket - FOR SALE
1/2
null | 9.5% Cap Rate

2265 S Macarthur Dr
Alexandria, LA 71301


HIGHLIGHTS

  • Absolute NNN lease features ±4.7 years of term remaining with six, 5-year renewal options.
  • Anchors a shopping center that is also home to Planet Fitness, Chili’s Grill & Bar, Wingstop, GameStop, Crumbl, and Tropical Smoothie Cafe.
  • Feet from the 869,000+ SF Alexandria Mall, which features Dillard’s, JCPenney, Hibbett and Michaels.

OVERVIEW

Albertsons is situated along South MacArthur Drive (2,951 VPD), which runs parallel with US Highway 71 (34,988 VPD). Interstate 49 (43,294 VPD) is less than 2 miles from the site. Albertsons’ absolute NNN lease features ±4.7 years of term remaining with six, 5-year renewal options. The property anchors a shopping center that is also home to Planet Fitness, Chili’s Grill & Bar, Wingstop, GameStop, Crumbl, and Tropical Smoothie Cafe. Albertsons is feet from the 869,000+ SF Alexandria Mall, which features Dillard’s, JCPenney, Hibbett, Michaels and Sears Appliance Repair, and drives significant traffic towards the site. In total, there are 6.1 MSF of retail, 1.7 MSF of office, 3.2 MSF of industrial, 4,750 multifamily units, and 1,900+ hotel rooms within a 5-mile radius. Major retailers in the surrounding area include Walmart Supercenter, Sam’s Club, Target, Home Depot, Lowe’s Home Improvement, Hobby Lobby, Best Buy, PetSmart, Marshalls, Boot Barn, Old Navy, Ross Dress for Less, and Academy Sports + Outdoors.

FOR SALE DETAILS

PRICE

$8,250,200 USD

PRICE/SF

$133 USD /SF

CAP RATE

9.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Albertsons: Alexandria, LA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

302

LAND DETAILS

LAND ACRES

4.8 AC

LAND SF

209,088 SF

ZONING

commercial

APN/PARCEL ID

24-051-00173-0001

ASK ABOUT THIS PROPERTY

Thomas CarrCBREMore Info
703-477-1315

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Thomas CarrCBREMore Info
703-477-1315

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.