Freestanding Showroom and
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
(318) 955-0078
Listed by
THADDYEUS DIXON · License #995712168
(318) 955-0078
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.
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
NOI $424,392 @ 7.0% cap · market cap 13.58%
Second Best
Warehouse
$3.78M
$3.31M – $4.41M
NOI $264,872 @ 7.0% cap · market cap 8.48%
Theoretical Best
Office A
$9.72M
$8.51M – $11.34M
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
Similar For Sale Nearby
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