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Freestanding Showroom and Warehouse

2030 N MALL Drive Alexandria, LA 71301

2030 N MALL Drive, Alexandria, LA, 71301
$3,125,000
For Sale
$3,125,000

Freestanding main building with showroom and adaptable office areas plus a detached warehouse totaling 35,269 SF.

Property Size35,269 SF
Price / SF$88.60
Days on Market703

Property Features for 2030 N MALL Drive

General Information

Standard status
Active
Size
35,269 SF
Property subtype
General Commercial

Building Details

Year Built
2002
Listing agency LATTER AND BLUM Central Realty LLC
Listed by THADDYEUS DIXON · License #995712168
Source Xome
Added: Aug 19, 2024 Updated: Jul 22 at 5:46PM Checked: Jul 22 at 5:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LATTER AND BLUM Central Realty LLC


Investment Insights

Based on property information with market context.

The property consists of a freestanding main building and a detached warehouse. The main building totals 26,169 SF and is described as having expansive showroom space along with adaptable office configurations. There is also a detached 9,100 SF warehouse, bringing the combined functional footprint to 35,269 SF.

The asset is located at 2030 N Mall Drive in Alexandria, Louisiana. The seller notes the building was previously used as a Harley-Davidson dealership and is set up to support a mix of showroom-forward space with back-end warehouse support.

Key Highlights

  • Freestanding commercial property with main building totaling 26,169 SF
  • Detached 9,100 SF warehouse included; total functional footprint listed as 35,269 SF
  • Main building formerly a Harley‑Davidson dealership with showroom space and adaptable office configurations

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $334.4k $9.48
− Vacancy −$22.7k −$0.64
EGI $311.6k $8.84
− OpEx −$46.7k −$1.33
NOI $264.9k $7.51
35,269 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%

Alternative Uses

Best Use
Retail
$6.06M
$5.30M – $7.07M (±1% cap)
NOI $424,392 @ 7.0% cap · market cap 13.58%
Second Best
Warehouse
$3.78M
$3.31M – $4.41M (±1% cap)
NOI $264,872 @ 7.0% cap · market cap 8.48%
Theoretical Best
Office A
$9.72M
$8.51M – $11.34M (±1% cap)
NOI $680,551 @ 7.0% cap · market cap 21.78%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

EagleRider Motorcycle Rentals ... Car Rental Facility Taboo Harley-Davidson Motorcycle Shop

Suggested Use

Real Estate Agency Parking Lot & Garage Storage Facility Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Home Appliance Store Grocery & Convenience Store Catering Service

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • S'mel Good Catering — 1819 Memorial Dr, Alexandria, LA 71301

FAQs

What type of property is this?
Flex space - Freestanding main building with showroom and adaptable office areas plus a detached warehouse totaling 35,269 SF.
Where is this flex space located?
The property is located at 2030 N MALL Drive Alexandria, LA.
What is the asking price?
The asking price for this property is $3,125,000.
What are key features of this property?
This property features: Freestanding commercial property with main building totaling 26,169 SF; Detached 9,100 SF warehouse included; total functional footprint listed as 35,269 SF; Main building formerly a Harley‑Davidson dealership with showroom space and adaptable office configurations
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