2385 S Macarthur Dr - Storefront Retail/Office FOR SALE
Alexandria, LA 71301 |
2385 S Macarthur Dr
Alexandria, LA 71301
HIGHLIGHTS
- Located in a major retail corridor next to Alexandria Mall with national retailers such as Dillard’s, JCPenney, Burlington, and Bed Bath & Beyond.
- Significant upside to be realized for an investor by absorbing the existing vacancy at long-term market rents.
- Positioned off I-71, a busy thoroughfare with a traffic count of about 30,000 vehicles per day.
- Excellent owner-user opportunity with the ability to occupy up to about 9,000-SF while also enjoying the cash flow from two current tenants.
- The property provides an excellent opportunity for building signage with great visibility near the entrance to Alexandria Mall.
- Retail spending per capita in this market is well above the national average at $33,776.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Alexandria Station
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
TOTAL BUILDING SIZE
11600
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
68
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
24-052-00205-0009
