Technical
Financial
Distress signals
Property profile

2385 Macarthur Dr Alexandria, LA 71301

OFF-MARKET
Other retail properties
Property ID
US36-1173130
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

The property is a multi-tenant, freestanding retail shopping center in Alexandria, Louisiana, containing approximately 11,660 square feet of leasable retail space. It is located off U.S. Highway 71 in a high-traffic area, approximately 0.5 miles from the Alexandria Mall entrance and across from Albertsons. The site benefits from proximity to Louisiana State University of Alexandria (LSUA), and it has an occupancy of approximately 26.42% with space available within the center for potential tenant stabilization. U.S. Highway 71 is described as carrying more than 30,000 vehicles per day, contributing to visibility and passing traffic for the retail uses.

Property profile

Verified
Property type Other retail properties
UPID US36-1173130

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Telecommunications Service Data Center
  • Loan Service
  • Tax Preparation

Location

2385 Macarthur Dr Alexandria, LA 71301
Alexandria metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2021
1 recorded transaction
2021
$725,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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