Amazing Shopping Center in Millbrook, AL

Shopping Center for Lease
Catylist Listing ID: 30359137
Property Subtypes: Free-Standing Store, Strip Center
Contiguous Space: 4,500 SF
Building Size (RSF): 13,500 SF
Gross Building Area: 15,000 SF
Gross Land Area: 2 Acres
Lease Rate: $4,000 (Monthly)
$10.67 PSF (Annual)
Lease Types: NNN
Last Updated: 1/15/2019

Overview / Comments

Reliable income stream!
The most desirable business address in Millbrook is Highway 14 and that’s exactly where this gem of a 15,000-square-foot strip mall is located. It’s the city’s commercial corridor with daily vehicle counts topping 30,000. The area continues growing and now there are more than 450 apartment units near the shopping center at 2530 Highway 14 and a new urgent care facility has opened nearby.
It’s an ideal investment to generate a steady income flow from a variety of businesses, including a beauty salon, restaurant, small market and cake store.
The two-acre center boasts several longtime tenants and all five of the business sites are occupied. One existing business, about 4,500 square feet including an additional covered outside area of 1,500 square feet, could be converted into one to four retail units.
Millbrook is one of the fastest-growing cities in Alabama and this shopping center is less than one mile from the Walmart-anchored Hillcrest Shopping Center.

Hodges Commercial Real Estate broker Paul Hodges is waiting to hear from you about this incredible property. You can contact him at the office: (334) 280-2033; cell (334) 315-1382 or email: paul.hodges@exithodgesrealestate.com

Expand All Available Space

Suite: 2530 Highway 14 Millbrook, AL 36054 4,500 SF $4,000 (Monthly) NNN
Level/Floor: 1
Space Available: 4,500 SF
Lease Rate: $4,000 (Monthly)
$10.67 PSF (Annual)
Lease Type: NNN
Date Available: 12/12/2018
Space Type: New
Sublease Expiration Date: 7/30/2019
Parking Spaces 40

Additional Details

Nearest MSA: Montgomery
County: Elmore
Tax ID/APN: 15093200010050010
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,309 25,246 51,986
Median Age: 31.19 34.57 35.89
Households: 1,262 9,422 19,191
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