Alexandria Station

Alexandria is located in the heart of Central Louisiana (CenLA) and serves as a vibrant hub for commerce, retail, education, and healthcare. It is the ninth-largest city in Louisiana and the parish seat of Rapides Parish. Situated on the south bank of the Red River, nearly at the geographic center of the state, Alexandria is the principal city of the Alexandria metropolitan area, which has a population of 153,922 and includes all of Rapides and Grant parishes. As the central hub of Central Louisiana, Alexandria offers easy access to major highways and the Red River, attracting both local residents and visitors from surrounding areas. The city’s location along Interstate 49 and U.S. Highways 71 and 165 ensures high visibility and convenient access for customers. The city’s annual events, festivals, and cultural attractions, such as the Louisiana Dragon Boat Races, Mardi Gras parades, and WinterFETE, draw large crowds, providing excellent opportunities for retail businesses to gain exposure and attract both residents and tourists. Alexandria is a regional center for commerce, education, healthcare, and tourism. Its role as a convention destination, combined with the presence of popular venues like the Alexandria Randolph Riverfront Center and the Alexandria International Airport, makes it a prime location for retail businesses catering to both locals and visitors. The city's strong community involvement in cultural, recreational, and outdoor activities creates a loyal customer base. Retail businesses that align with the community’s interests—such as those offering local arts, food, and services—can thrive by tapping into these local connections and events.Alexandria Station is an excellent opportunity for an investor to acquire an attractive, new construction, value add, multi-tenant shopping center. The property was build in 2007 and has a gross leasable area of 11,660 square feet situated on 1.45 acres. The property is 60% occupancy give a buyer significant upside by leasing the remaining 2 vacancy totaling 4,620 SF. Current tenants include Lendmark Financial and Vexus Fiber which have leases through 2030 & 2028. Alexandria Station benefits from being located in the retail hub of Alexandria as well as being surrounded by hotels, and residential real estate.