Overview
Westgate Shopping Center
Images
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INVESTMENT FEATURES
12
.
13
.
24
Acquisition Date
$
26
.
7
M
Transaction Size
17
.
79
%
Realized Gross IRR
1
.
53
x
Realized Gross Equity Multiple

Westgate Shopping Center

Alexandria, LA

Fund:

Fund II

Type:

Retail

Size:

175,378 SF

Key TenantS:

McDonalds, Rite Aid, Dollar Tree, Sutherlands, Dollar General, Autzone, Golden Corral

Address:

117 MacArthur Drive
Alexandria, LA 71301

Transaction Details

Property Description

Westgate Shopping Center is a 175,378 square foot 89% leased shopping center located in Alexandria, LA. The asset was purchased with three parcels that have value to be sold to 1031 and NNN buyers: McDonalds, Golden Corral, and Sutherlands. Other major retailers in the center include Rite Aid, Dollar General, and Autozone.

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