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Virtual Drive-By

Albertsons Absolute NNN

2265 S MacArthur Dr · Alexandria, LA 71301 · Grocery / Big Box

Asking price
$8,038,700
Cap rate
9.75%
NOI
$783,770

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Lease

Lease typeAbsolute NNN
Term remaining4.3 yrs
Expiration10/2030
Rent bumpsFlat through initial term. Renewal Options: See OM*
OptionsSix 5-year
Ground lease—
Credit profile—
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF62,117
Price / SF$129
Year built1990
Lot size5.85 ac
TypeGrocery Store
Days on market151

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

Absolute NNN Lease: Albertsons’ absolute NNN lease features ±4.4 years of term remaining with six, 5-year renewal options.

Prime Location & Accessibility: Albertsons is situated along South MacArthur Drive (2,951 VPD), which runs parallel with US Highway 71 (34,988 VPD). Interstate 49 (43,294 VPD) is less than 2 miles from the site.

Strategic Location: The property anchors a shopping center that is also home to Planet Fitness, Chili’s Grill & Bar, Wingstop, GameStop, Crumbl, and Tropical Smoothie Cafe. Albertsons is feet from the 869,000+ SF Alexandria Mall, which features Dillard’s, JCPenney, Hibbett, Michaels and Sears Appliance Repair, and drives significant traffic towards the site.

Retail & Commercial Corridor: In total, there are 6.1 MSF of retail, 1.7 MSF of office, 3.2 MSF of industrial, 4,750 multifamily units, and 1,900+ hotel rooms within a 5-mile radius. Major retailers in the surrounding area include Walmart Supercenter, Sam’s Club, Target, Home Depot, Lowe’s Home Improvement, Hobby Lobby, Best Buy, PetSmart, Marshalls, Boot Barn, Old Navy, Ross Dress for Less, and Academy Sports + Outdoors.

Property overview

Albertsons is situated along South MacArthur Drive (2,951 VPD), which runs parallel with US Highway 71 (34,988 VPD).​ Interstate 49 (43,294 VPD) is less than 2 miles from the site.​ Albertsons’ absolute NNN lease features ±4.4 years of term remaining with six, 5-year renewal options.​

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.