Jiffy Lube & Precision Tune Portfolio (Must Be… — Sale in Alexandria, LA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Alexandria, LA 71301
Investment Figures
- Cap rate
- 7.50%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Offered for sale is a two-property Auto Parts Portfolio, featuring Jiffy Lube and Precision 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 total 0.68 acres, with both leases structured at below-market rental rates and only one renewal option remaining — creating near-term upside for investors. Alexandria serves as the economic, medical, and retail hub of Central Louisiana. The city benefits from its strategic location along U.S. Highway 71 and Interstate 49, providing regional connectivity between Shreveport, Baton Rouge, and New Orleans. Investment Highlights: • Corporate Store – Absolute Net Lease With 8.5 Years Remaining (Jiffy Lube) • 29-Year Operating History With One, Five-Year Option (Jiffy Lube) • Nationally Recognized Automotive Service Leader (Jiffy Lube) • Absolute Net Lease With 1.7 Years Remaining (Precision Tune) • 27-Year Operating History With One, Five-Year Option (Precision Tune) • Top Performing Location in Louisiana by Annual Visits (Precision Tune) • Established Automotive Repair Brand Under Icahn Automotive (Precision Tune)
Market Context
This retail in Alexandria, LA is listed for sale. It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Alexandria, LA — view the full market.
Contact
- Vincent Knipp · (972) 755-5205 · vincent.knipp@marcusmillichap.com
- Jake Stammen · (972) 755-5209 · jake.stammen@marcusmillichap.com
- Duke Dennis · (817) 932-6172 · duke.dennis@marcusmillichap.com
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