Colonnade Plaza Strip
5803 Coliseum Blvd Alexandria, LA 71303
For Sale
$3,000,000
Strip center with seven suites, six currently leased under a mix of NNN and Modified Gross arrangements.
Days on Market746
Property Features for 5803 Coliseum Blvd
General Information
Standard status
Active
Listing Agency:
LATTER AND BLUM Central Realty LLC
(318) 481-8757
Listed By:
JACK HODGES · License #70147
(318) 481-8757
Source:
Exprealty
Added: Jul 15, 2024
Changed: Jul 10
Last Checked: Jul 29 at 4:16PM
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 LATTER AND BLUM Central Realty LLC
Investment Insights
Based on property information with market context.
Colonnade Plaza is a strip center featuring seven individual retail suites. The property’s current occupancy is partially stabilized, with six of the seven suites leased. Lease structures vary across the leased units, with some suites operating on NNN terms and others on Modified Gross terms.
The asset is located at 5803 Coliseum Blvd in Alexandria, Louisiana. Its configuration as a multi-suite retail center provides multiple unit options within one consolidated property, which can simplify leasing and operational coordination compared with standalone storefronts.
For buyers or serious tenants evaluating retail real estate, the combination of multiple suites and existing leased tenancy offers a straightforward path to assess current income mix and future leasing needs. Tenants looking for space in a center environment may find the suite-by-suite structure useful when planning for location within the same property. Investors can review the current lease terms across the leased suites, including the distinction between NNN and Modified Gross, to better understand ongoing operating responsibilities and tenant commitments.
The asset is located at 5803 Coliseum Blvd in Alexandria, Louisiana. Its configuration as a multi-suite retail center provides multiple unit options within one consolidated property, which can simplify leasing and operational coordination compared with standalone storefronts.
For buyers or serious tenants evaluating retail real estate, the combination of multiple suites and existing leased tenancy offers a straightforward path to assess current income mix and future leasing needs. Tenants looking for space in a center environment may find the suite-by-suite structure useful when planning for location within the same property. Investors can review the current lease terms across the leased suites, including the distinction between NNN and Modified Gross, to better understand ongoing operating responsibilities and tenant commitments.
Key Highlights
- Colonnade Plaza strip center with 7 suites.
- Six of the seven suites are currently leased.
- Leases include a mix of NNN and Modified Gross arrangements.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Strip mall - Strip center with seven suites, six currently leased under a mix of NNN and Modified Gross arrangements.
Where is this strip mall located?
The property is located at 5803 Coliseum Blvd Alexandria, LA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Colonnade Plaza strip center with 7 suites.; Six of the seven suites are currently leased.; Leases include a mix of NNN and Modified Gross arrangements.
