3820 Hwy 28 West Alexandria, LA 71303
Multi-use office building with large open areas, separate offices, a boardroom, and kitchen, plus ample private parking.
Property Features for 3820 Hwy 28 West
General Information
- Standard status
- Active
- Size
- 3,450 SF
- Property subtype
- Commercial Building
Listing office Louisiana Lagniappe Realty LLC (318) 730-1957
Listing date Jun 23, 2026
Source Doyle-realty
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All listing content including descriptions, pricing, images are the copyrighted material of Louisiana Lagniappe Realty LLC
Investment Insights
Based on property information with market context.
The property is located at 3820 Hwy 28 West in Alexandria, Louisiana, with signage on a busy thoroughfare and ample private parking on site.
The building’s configuration is well-suited for office use, offering both collaborative open areas and more private enclosed rooms for meetings and administration.
Key Highlights
- Multi‑use commercial building with large open spaces for accommodating a company with many employees and staff
- Features large separate offices, a boardroom, and a kitchen
- Includes plenty of storage space, with potential to divide the building for additional needs
Local Financial Insights For Office B
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 | $82.8k | $24.00 |
| − Vacancy | −$18.2k | −$5.28 |
| EGI | $64.6k | $18.72 |
| − OpEx | −$16.1k | −$4.68 |
| NOI | $48.4k | $14.04 |
