Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

932 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Alexandria Retail Center 2303 S MacArthur Dr

8,739 SF 100% Leased Retail Building Alexandria, LA 71301 £2,263,010 (£259/SF) 7.65% Net Initial Yield

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Fully occupied center in front of busy Albertsons grocery store.
Great access including left turn in.
Replaceable rents with future upside.

Strong tenant mix: FedEx Office, Wingstop, Gamestop & Crumbl Cookies.
Surrounded by major retailers including Walmart, Sam’s Club, Target and more.
Built in rental increases.

Executive Summary

Bellagio Real Estate Partners, LLC, in conjunction with Bang Realty, Inc, is pleased to present an investment opportunity to acquire a 100% occupied retail center anchored by FedEx Office at 23 03 S. MacArthur Dr, Alexandria, LA. The subject property is minutes away from Alexandria International Airport and key nearby employers include: Proctor and Gamble, Crest Industries and Weyerhaeuser. The 8,739 SF center sits on 0.92 acres directly in front of Albertsons. Immediately behind the development is the 870,000 SF Alexandria Mall, home to Dillards, Burlington, Conn’s HomePlus and many other retailers. The subject property was built in 2004 and features all
national retailers with a large presence and include Crumbl Cookies, which was signed in 2023. Other nearby retailers include: Chili’s, Taco Bell, Tropical Smoothie, Planet Fitness, Sam’s Club, The Home Depot, Lowe’s Home Improvement, Hobby Lobby, Walmart, Harbor Freight Tools, Best Buy and many others. Also nearby the subject property are eight hotels within close walking distance such as Home2Suites, Courtyard and TownePlace Suites.

FedEx Anchored Retail Center - Alexandria, LA_OM (4)