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FREDDY’S – ALEXANDRIA, LA 1802 MacArthur Dr 2,897 SF 65% Leased 4-Star Retail Building Alexandria, LA 71301 $3,376,152 CAD ($1,165.40 CAD/SF) 7% Cap Rate
Investment Highlights
- • BRAND NEW 20-YEAR ABSOLUTE NNN LEASE: Brand new 20-year Absolute NNN lease with attractive 10% rental escalations every 5 years
- • HIGH SALES VOLUME LOCATION: Successfully open & operating since 2024 with attractive 7.58% Rent to Sales Ratio!
- • TRAFFIC COUNTS: Pad site to Alexandria Power Center, positioned on a ±0.41-acre parcel with excellent drive-by visibility on US-71 with traffic coun
- • TENANT | PERSONAL GUARANTORS: Seasoned 18+ year restaurant veteran that started out in the Subway system
- DENSE RETAIL CORRIDOR: Across the highway from Alexandria Mall, blocks away from Walmart, Sam’s Club, Lowe’s, Hobby Lobby & Academy Sports + Outdoors
- • 2026 DEMOGRAPHICS: Total Population (5MI): 57,067 | Average Household Income (1MI): $90,392
Executive Summary
(Building & Land) Fee Simple
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,897 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$3,376,152 CAD
Price Per SF
$1,165.40 CAD
Cap Rate
7%
NOI
$236,331 CAD
Percent Leased
65%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.41 AC
Zoning
C
Frontage
1,251’ on MacArthur Dr
Amenities
- Pylon Sign
- Restaurant
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Freddy's Frozen Custard
- Accommodation and Food Services
- -
- -
- Aug 2046
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Freddy's Frozen Custard | Accommodation and Food Services | - | - | Aug 2046 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 100
- 31,880 SF
- Retail
- Outparcel
- Now
- 105
- 48,373 SF
- Retail
- In-Line
- Now
- 108
- 16,327 SF
- Retail
- In-Line
- Now
- 110
- 8,667 SF
- Retail
- In-Line
- Now
- 122
- 7,982 SF
- Retail
- In-Line
- Now
- B
- 2,446 SF
- Retail
- In-Line
- Now
| Space | Size | Space Use | Position | Available |
| 100 | 31,880 SF | Retail | Outparcel | Now |
| 105 | 48,373 SF | Retail | In-Line | Now |
| 108 | 16,327 SF | Retail | In-Line | Now |
| 110 | 8,667 SF | Retail | In-Line | Now |
| 122 | 7,982 SF | Retail | In-Line | Now |
| B | 2,446 SF | Retail | In-Line | Now |
100
| Size |
| 31,880 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
105
| Size |
| 48,373 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
108
| Size |
| 16,327 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
110
| Size |
| 8,667 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
122
| Size |
| 7,982 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
B
| Size |
| 2,446 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Moderately walkable
60/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 24-043-33101-0011 | Improvements Assessment | $0 CAD |
| Land Assessment | $140 CAD | Total Assessment | $140 CAD |
Property Taxes
Parcel Number
24-043-33101-0011
Land Assessment
$140 CAD
Improvements Assessment
$0 CAD
Total Assessment
$140 CAD
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FREDDY’S – ALEXANDRIA, LA | 1802 MacArthur Dr
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