812 Belleau Wood Blvd Alexandria, LA 71303
Property profile & analytics
812 Belleau Wood Blvd, Alexandria, LA 71303
- Outlet malls
- 42,196 SF
- 5.47 lot acres
Property ID
US36-1683429
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Walmart Fuel Station / Grocery & Convenience Store
- Walmart Neighborhood Market / Grocery & Convenience Store / Food Market
- Walmart Pharmacy / Pharmacy
- Walmart Bakery / Bakery / Specialty Food Shop
- Walmart Connection Center / Mobile Phone Store / Electronics & Wireless Store
Property Details for 812 Belleau Wood Blvd
- Year built
- 2015
- Lot size
- 5.47 lot acres
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 23-009-09552-0001
- APU
- 23009095520001
Description
This exceptional investment opportunity presents a fee-simple, 41,117-square-foot retail property in Alexandria, Louisiana, fully occupied by a Walmart Neighborhood Market under a 20-year net lease (NNN). The lease, commencing January 7, 2015, and expiring January 7, 2035, boasts over 10 years remaining and includes option periods. The property, situated on a 5.47-acre lot (APN: 1011459050) at 812 Belleau Wood Blvd, enjoys a prime location near major retailers like Kroger, Chick-fil-A, and Walgreens, and benefits from high visibility at the intersection of Jackson St and Belleau Wood Blvd, adjacent to Alexandria Senior High School. The property features a modern prototype layout, including a gas station and drive-thru pharmacy. The asking price is $9,503,350, representing a price per square foot of $231.13 and a 6.00% cap rate, with a net operating income (NOI) of $570,201. The tenant, Walmart, provides a corporate guarantee, ensuring strong financial backing and minimal landlord responsibilities. Rent increases are included in the option periods. This investment offers a compelling combination of a blue-chip tenant, a long-term lease, and a strong location in a densely populated area. The property includes a 20-year roof warranty.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $5,425,000
- INDUSTRIAL (GENERAL)
- $2,645,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Alexandria
- County
- Rapides
- State
- Louisiana
- Longitude
- -92.4866
- Latitude
- 31.2708
- CBSA code
- 10780
- CBSA name
- ALEXANDRIA, LA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$52,797
$78,500
$409,500
$488,000
-
$785,000
$2,730,000
$3,515,000
