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Jiffy Lube & Precision Tune Portfolio 3839 Alexandria Mall Dr 5,213 SF 100% Leased Retail Building Alexandria, LA 71301 $1,934,118 CAD ($371.02 CAD/SF) 7% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Decades of Tenant Stability in Prime Retail Corridor | Must Be Purchased Together
  • 28-Year Operating History With One, Five-Year Option (Jiffy Lube)
  • 26-Year Operating History With One, Five-Year Option (Precision Tune)
  • Corporate Store – Absolute Net Lease With 1.3 Years Remaining (Jiffy Lube)
  • Absolute Net Lease With 2.1 Years Remaining (Precision Tune)
  • Top Performing Location in Louisiana by Annual Visits (Precision Tune)

EXECUTIVE SUMMARY

Offered for sale is a two-property Auto Service Portfolio, featuring Jiffy Lube and Precision Tune Auto Care, which must be purchased together. These assets, located adjacent to one another, are offered as a portfolio only and provide investors with immediate scale in a proven retail corridor in Alexandria, Louisiana. The properties benefit from excellent visibility along Jefferson Highway (27,965 VPD) with convenient access to the feeder road. The site sits directly across from Alexandria Mall (825,000 SF of retail), positioning the portfolio in the city’s dominant retail hub. The area is anchored by high-traffic national retailers including Albertsons, Target, Lowe’s, Walmart Supercenter, Sam’s Club, and Planet Fitness. Hospitality demand is supported by numerous nearby hotels, including a new Hampton by Hilton currently under construction. Together, the assets comprise 0.68 acres, with both leases currently below market rental rates. Additionally, both tenants have only one renewal option remaining, creating near-term upside potential for investors.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,213 SF
Building Class
C
Year Built
1990
Price
$1,934,118 CAD
Price Per SF
$371.02 CAD
Cap Rate
7%
NOI
$135,329 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.68 AC
Zoning
GC

NEARBY MAJOR RETAILERS

Planet Fitness
Starbucks
Albertsons
Chili's Grill & Bar
Buffalo Wild Wings
1st Heritage Credit
McAlister's Deli
Freddy's
Chase Bank
Walk-On's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-052-00205-0007
Land Assessment
$5,644 CAD
Improvements Assessment
$58,204 CAD
Total Assessment
$63,848 CAD
  • Listing ID: 38103320

  • Date on Market: 2025-10-16

  • Last Updated:

  • Address: 3839 Alexandria Mall Dr, Alexandria, LA 71301

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