Adjacent Retail Space
For Sale
Contact for pricing
3837 Alexandria Mall Dr, Alexandria, LA 71301
Two adjacent leased assets with feeder-road access sit across from Alexandria Mall in a major retail corridor.
Property SizeContact for details
Lot Size0.68 Acres
Days on Market9
Property Features for 3837 Alexandria Mall Dr
General Information
Standard status
Active
Lot size
0.68 Acres
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Value Add
Net Operating Income
$97,887
Site & Location
Traffic Count
27,965 vehicles/day
Road Access
Yes
Building Details
Year Built
1990
Buildings
2
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Dallas
Listed By:
Vincent Knipp · License #TX 0579633
(972) 755-5205
Source:
Crexi
Added: Aug 28
Changed: Sep 2
Last Checked: Sep 4 at 3:16PM
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 Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
This offering includes two adjoining retail assets operated by Jiffy Lube and Precision Tune and presented exclusively as a portfolio. The properties occupy 0.68 acres and were built in 1990. Both leases are currently below market rental rates, and each tenant has one renewal option remaining.
The site fronts Jefferson Highway, where reported traffic reaches 27,965 VPD, with access from the feeder road. Alexandria Mall, containing 825,000 SF of retail, is directly across the street. Nearby national retailers include Albertsons, Target, Lowe’s, Walmart Supercenter, Sam’s Club, and Planet Fitness. Additional surrounding hospitality includes several hotels, including a new Hampton by Hilton.
The site fronts Jefferson Highway, where reported traffic reaches 27,965 VPD, with access from the feeder road. Alexandria Mall, containing 825,000 SF of retail, is directly across the street. Nearby national retailers include Albertsons, Target, Lowe’s, Walmart Supercenter, Sam’s Club, and Planet Fitness. Additional surrounding hospitality includes several hotels, including a new Hampton by Hilton.
Key Highlights
- Two adjacent retail assets offered together as a portfolio
- 0.68‑acre site with improvements built in 1990
- Jefferson Highway exposure with reported traffic of 27,965 VPD
Property Analytics
Property Profile
Current Use
Lease Details
27,965 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,032
Businesses Nearby
718k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 26%
Apparel 21%
Dining 20%
Superstores 14%
Sam's Club
Superstores
99,785 visits/mo
0.4 miles
Hobby Lobby
Shops & Services
53,216 visits/mo
0.4 miles
Marshalls
Apparel
45,760 visits/mo
0.2 miles
Albertsons
Groceries
40,163 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
33,621 visits/mo
0.5 miles
Demographics for 71301, LA
20,454
Population
9,173
Households
2.2
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
12.5 sq mi
ZIP Area
1,636
Density / Sq Mi
$44,330
Median Household Income
$31,233
Median Earnings
$919
Median Rent
$156,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Two adjacent leased assets with feeder-road access sit across from Alexandria Mall in a major retail corridor.
Where is this retail space located?
The property is located at 3837 Alexandria Mall Dr Alexandria, LA.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Two adjacent retail assets offered together as a portfolio; 0.68‑acre site with improvements built in 1990; Jefferson Highway exposure with reported traffic of 27,965 VPD
