2303 Macarthur Dr Alexandria, LA 71301
This exceptional 8,739 square foot retail shopping center in Alexandria, Louisiana presents a compelling investment opportunity. Located at 2303 S MacArthur Dr, this fully occupied (100%) property boasts a strong tenant mix including FedEx Office, Wingstop, Crumbl Cookies (lease signed 2023), and GameStop. The center benefits from a prime location directly in front of an Albertsons grocery store and near the Alexandria Mall, offering significant foot traffic and visibility. Built in 2004, the single-story building sits on a 0.92-acre lot with ample parking (40 spaces) and attractive pylon signage. The property features a Net Lease (NNN) structure with a corporate-guaranteed tenant base, providing stability and predictable income. The current Net Operating Income (NOI) is $219,416, yielding a 7.65% cap rate at an asking price of $2,868,200 ($328.21/sq ft). The property's strategic location near major retailers (Walmart, Sam's Club, Home Depot, Lowe's), hotels, and key employers (Proctor & Gamble, Crest Industries, Weyerhaeuser) ensures consistent demand and long-term value. Built-in rent bumps provide future income growth potential. The property is zoned commercial and offers excellent access with a left-turn lane. This is a rare opportunity to acquire a high-performing, well-located retail investment in a thriving market.
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Rush My Passport Travel Agency
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Crumbl - Alexandria Bakery Take-out & Catering
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GameStop Electronics & Wireless Store
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FedEx Office Print & Ship Center Courier Service Postal Service
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Wingstop Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.