The Bulls-Eye
Closed3504 Jackson Street, Alexandria, LA 71303
Property type
Retail
Unit / Space count
1
Price
$3,150,000
Building size
6,400 sf
Rentable area
6,400 SF
Year built
2016
Year renovated
Occupancy
Zoning code
Lot size
0.68 Acres
Sold/status
Sold · Date unknown
Sale price
$3150000
Property description
Franklin Street is pleased to present this new construction strip center in Alexandria, Louisiana. Mattress Firm signed an 11-year lease which commenced in August 2016. Verizon Wireless has recently signed a new lease and will begin paying rent in October 2017. The leases are landlord friendly, with the tenants reimbursing for CAM, taxes, and insurance. Hedging against inflation, both leases offer healthy increases during the initial term and option periods. The subject property sits at one of the major intersections in all of Alexandria. The center has excellent visibility and is surrounded by many daily traffic generators: Walmart, Sam's Club, Kroger, Academy Sports, and the Alexandria Mall.
Property highlights
- Contact agent for more information.