Exxon-Branded Gas Station and
1702 Jackson St Alexandria, LA 71301
1702 Jackson St, Alexandria, LA, 71301
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For Sale
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Prominently positioned Exxon-branded fuel station with a five-unit retail strip center and long-term tenants.
Property Size9,568 SF
Price / SF$130.64
Days on Market128
Property Features for 1702 Jackson St
General Information
- Standard status
- Active
- Size
- 9,568 SF
- Property subtype
- Retail, Special Purpose
Listing agency
CBRE
Listed by
Riya Amin · License #810856
Source
Crexi
Added: Mar 18 Updated: Jul 22 at 5:16PM Checked: Jul 22 at 5:16PM
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 CBRE
Investment Insights
Based on property information with market context.
Located at 1702 Jackson St in Alexandria, Louisiana, this Exxon-branded fuel station is accompanied by a five-unit retail strip center. The property is described as prominently positioned with ideal accessibility and visibility, supporting combined fuel and convenience retail operations plus multi-tenant retail income.
The offering notes long-term tenants, with most of the occupants having stayed in place for more than a decade. It also highlights a below-market fuel consignment agreement and an under-managed C-store, presenting an owner-operator focus on operational efficiencies, store modernization, and lease restructuring to improve performance.
For buyers seeking a multi-component asset with existing retail occupancy, the property provides both fuel/convenience activity and an in-place tenant base within a dedicated five-unit retail configuration.
The offering notes long-term tenants, with most of the occupants having stayed in place for more than a decade. It also highlights a below-market fuel consignment agreement and an under-managed C-store, presenting an owner-operator focus on operational efficiencies, store modernization, and lease restructuring to improve performance.
For buyers seeking a multi-component asset with existing retail occupancy, the property provides both fuel/convenience activity and an in-place tenant base within a dedicated five-unit retail configuration.
Key Highlights
- Exxon‑branded fuel station in Alexandria, Louisiana
- Includes a five‑unit retail strip center
- Long‑term tenants, most of whom have occupied their spaces for over a decade
Local Financial Insights For Industrial
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 | $90.7k | $9.48 |
| − Vacancy | −$6.2k | −$0.64 |
| EGI | $84.5k | $8.84 |
| − OpEx | −$25.4k | −$2.65 |
| NOI | $59.2k | $6.18 |
9,568 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$1.67M
$1.46M – $1.95M
NOI $116,776 @ 7.0% cap · market cap 9.34%
Second Best
Retail
$1.64M
$1.44M – $1.92M
NOI $115,132 @ 7.0% cap · market cap 9.21%
Theoretical Best
Office A
$2.64M
$2.31M – $3.08M
NOI $184,624 @ 7.0% cap · market cap 14.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dress to Impress
Clothing Store
Similar For Sale Nearby
FAQs
What type of property is this?
Gas station - Prominently positioned Exxon-branded fuel station with a five-unit retail strip center and long-term tenants.
Where is this gas station located?
The property is located at 1702 Jackson St Alexandria, LA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Exxon‑branded fuel station in Alexandria, Louisiana; Includes a five‑unit retail strip center; Long‑term tenants, most of whom have occupied their spaces for over a decade