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Property profile & analytics
OFF-MARKET
Lifestyle centers

2303 Macarthur Dr Alexandria, LA 71301

8,739 SF 0.92 ac lot Built 2004
Property ID
US36-1033794
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Year built 2004
Total area 8,739 SF
Lot 0.92 ac (40,075 SF)
UPID US36-1033794
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rush My Passport Travel Agency
  • Crumbl - Alexandria Bakery Take-out & Catering
  • GameStop Electronics & Wireless Store
  • FedEx Office Print & Ship Center Courier Service Postal Service
  • Wingstop Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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