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
Photos
Investment Figures
- Cap rate
- 8.00%
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
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. 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. 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 8.1 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 1.2 Years Remaining (Precision Tune) • 13-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 8.0% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Alexandria, LA — view the full market.
Contact
- Vince 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
Explore this market
Similar Retail Business for Sale in Louisiana
- $1 Auction – Former 5,688 SF Restaurant | 75K VPD | 2007 Built — Contact for price · West Monroe, LA
- Family Dollar — Contact for price · Lafayette, LA
- Dollar General | 9+/- Years — Contact for price · Sun, LA
- Greenwood — Contact for price · Shreveport, LA
- 1 Auction Former Family Dollar Built 2011 — Contact for price · Ferriday, LA
- Caliber Collision Center w/ Enterprise Car Rental | Shreveport-Bossier City MSA | 2% Annual Bumps — Contact for price · Bossier City, LA