Auto Parts
Jiffy Lube & Precision Tune Portfolio (Must Be Purchased Together)
3839 Alexandria Mall Dr, Alexandria, LA 71301
Listing Price: $1,225,000
Investment Overview
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)
Exclusively Listed By
Financing By
Auto Parts
Jiffy Lube & Precision Tune Portfolio (Must Be Purchased Together)
Listing Price: $1,225,000
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)
Investment Overview
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.
Exclusively Listed By
Financing By