Catylist ID: #30270697
Amazing Shopping Center in Millbrook, AL
Shopping Center for Sale
|Catylist Listing ID:||30270697|
|Property Subtypes:||Free-Standing Store, Strip Center|
|Building Size (RSF):||13,500 SF|
|Gross Building Area:||15,000 SF|
|Gross Land Area:||2 Acres|
|Unit Price:||$85.19 PSF|
|Property Use Type:||Investment|
|Sale Terms:||Cash to Seller|
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 1,500 square foot covered outside area, 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 (Opportunity Zone).
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: firstname.lastname@example.org
|Proximity:||1 mile||3 miles||5 miles|
Paul HodgesHodges Commercial Real Estate
|The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.|