Single Tenant Business for sale in Alexandria, LA
Freddy’s – Alexandria, LA
Offer Price
$2,400,000
Single tenant
About this property
Freddy’s – Alexandria, LA
Freddy’s has a Brand new 20-year Absolute NNN lease with attractive 10% rental escalations every 5 years with four 5-year options to renew. The Tenant is a Seasoned 18+ year restaurant veteran that started out in the Subway system, opened/sold 4 successful Walk-Ons Sports Bistreaux locations and now own/ operates 5 Freddy’s in Arkansas! The lease is further backed by operator’s Personal Guarantees! Freddy’s is Successfully open & operating since 2024 with attractive 7.58% Rent to Sales Ratio !
The Asset is Pad site to Alexandria Power Center, positioned on a ±0.41-acre parcel with excellent drive-by visibility on US-71 with traffic counts of 31,403 CPD! It is Across the highway from Alexandria Mall, blocks away from Walmart, Sam’s Club, Lowe’s, Hobby Lobby & Academy Sports + Outdoors. The Asset is Pad site to Alexandria Power Center with key tenants such as Harbor Freight, Office Depot, Citi Trends & Ashley Furniture; Nearby major retailers include Walmart, Target, Lowe’s, Home Depot, Sam’s Club, Hobby Lobby, Marshalls, Ross Dress for Less, Academy Sports + Outdoors, Old Navy, Boot Barn, Shoe Station, Five Below, Best Buy, Books-A-Million, Albertsons, PetSmart, Bath & Body Works, Planet Fitness; one mile from Alexandria Mall – a single-story enclosed mall anchored by Dillard’s, Michaels, & JCPenney with key tenants such as Hibbett Sports, Ulta Beauty, Shoe Dept. Freddy’s is 9 miles from Louisiana State University of Alexandria – a public college offering various undergraduate degrees in numerous disciplines, serving 7,684 students; 1 mile from CHRISTUS St. Frances Cabrini – offering a full-range of specialty & subspecialty services for preemie, pediatric, and teenage patients such as a Level 3 Regional Neonatal Intensive Care Unit with 300 beds; 4 miles from Rapides Regional Medical Center – an acute care facility with 346 licensed beds, it recognized as a Level II Trauma Center & Advanced Primary Stroke.
Property Highlights BRAND NEW 20-YEAR ABSOLUTE NNN LEASE: Brand new 20-year Absolute NNN lease with attractive 10% rental escalations every 5 years with four 5-year options to renew
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 counts of 31,403 CPD!
TENANT | PERSONAL GUARANTORS: Seasoned 18+ year restaurant veteran that started out in the Subway system, opened/sold 4 successful Walk-Ons Sports Bistreaux locations and now own/ operates 5 Freddy’s in Arkansas! The lease is further backed by operator’s Personal Guarantees!
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
Year built: 2024
CAP rate: 7.00%
Tenant: AOM 2, LLC
Lease type: Absolute NNN
Lease expiration: 08/31/2046
Details: Four 5-Year Renewal Options
Building size: 2897 sq ft
Property Details
Location
Business Details
Pricing Details
Listing Information
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.