1429-1471 7th Street South - Supermarket FOR SALE
Clanton, AL 35045 |
$1,275,000 USD
843-376-1320
1429-1471 7th Street South
Clanton, AL 35045
HIGHLIGHTS
- The Plaza is Centrally Located in Front of a Walmart and Tractor Supply With Strong Visibility on 7th Street South Which Sees 17,682 VPD
- The Property Features a 10,150 Square Foot Daily Needs Retail Center That is Fully Leased to Retailers
- Strong Retail Demand Driven By Local Residents and Regional Traffic Along Major Routes, Particularly Due to Clanton's Strategic Location
- The Subject Property Features Food and Service Oriented, Necessity Based Retailers That Meet the Demands of the Local Community
- The Rent Roll Features Several Major National and Regional Brands That Are Paying Below Market Rents on Gross Leases
- Clanton Serves as the County Seat of Chilton County and is Known For its Agricultural Industry, Particularly Peaches
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 10,150 SF Stabilized Strip Center Located at 1429-1471 7th Street South in Clanton, AL. The Subject Property Features a Synergistic Mix of Food and Service Oriented, Daily Needs Retailers and is Strategically Located Along Hwy 31 (17,682 VPD) in Between a Walmart Supercenter and Tractor Supply.
BoR: Andrew Ackerman - Lic. AL #1089690
FOR SALE DETAILS
PRICE
$1,275,000 USD
PRICE/SF
$126 USD /SF
CAP RATE
7.56%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Caton Plaza - Clanton, AL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
ADD'L SUBTYPES
Storefront, Storefront Retail/Office, Department Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.34 AC
LAND SF
58,370 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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843-376-1320
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843-376-1320
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