1501-1539 S Main St - Storefront FOR SALE


Graysville, AL 35073
$850,000 USD
916-303-0133
1501-1539 S Main St, Graysville, AL for Sale
$850,000 USD
Storefront - FOR SALE
1/18
null | Request Cap Rate

1501-1539 S Main St
Graysville, AL 35073


HIGHLIGHTS

  • Incredible Value-Add opportunity at only $18 PSF!
  • Anchored by Dollar General since 2013 just extended until 2029
  • 45,730 square feet GLA + 12,000 ADT, 120 Parking spaces.
  • Busy center on major highway at signal, signalized corner.
  • Available spaces from 3,000 to 17,000 sf, QSR outparcels available for creation
  • On main Highway to Birmingham, AL

OVERVIEW

*PRIMARY LISTING CONTACT* PCG Commercial, Inc. 99 E Main St. STE 200 Franklin, TN 37064 (615) 626-6426 adelrio@pcgcommercial.com TN Firm Lic. 265971 TN Broker Lic. 371574 www.pcgcommercial.com *Listed in Association with Broker of Record Solutions, Inc. and Alex Everest a Licensed Alabama Broker, Firm Lic.144177 & Broker Lic.142526. Broker of Record Solutions, Inc. One Atlantic Center 1201 West Peachtree Street NW STE. 2300 Atlanta, GA 30309 www.mybrokerofrecord.com (404) 713-8008 alex@mybrokerofrecord.com AL Firm Lic. 144177 AL Broker Lic. 142526 *Agency Disclosure: Seller's brokers are working with the seller. Seller's brokers do not represent buyers in any agency, fiduciary, or brokerage capacity in this transaction. Seller's brokers will work with buyers as a customer, but not as a client. Buyers seeking representation must retain a broker other than seller's broker.License Portability Notice: This is a cooperative brokerage transaction in compliance with applicable law governing license portability. Park West Retail Center, is a true value-add opportunity, boasting 45,730 SF with 8 commercial and demisable suites, ranging in size from 8,000 - 17,000 SF. Located on a major highway, the property offers high visibility with a busy signaled intersection. Anchored by Dollar General and strategically positioned just a quarter mile from the new Kenworth Truckworx facility, the space presents a compelling opportunity for retail or strip center investors. *Dollar General recently exercised their 2nd Option to Extend in 3/1/2024 - February 2029. With ample 120 parking spaces, flexible spaces ranging from 3,000 to 17,000 SF, including potential QSR outparcels, and zoned B1-R3, this property presents a versatile canvas for savvy investors. For investors seeking to purchase a retail strip building, Graysville, Alabama offers a unique opportunity to tap into an affordable, yet strategically located suburban market. With room for growth and development, particularly in essential retail and service sectors, the city presents a promising investment for those looking to capitalize on its proximity to Birmingham and its underserved retail landscape. *An experienced retail investor or group can reposition the asset by renting the vacant spaces and earning a solid return. *The zoning allows for future multifamily development.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$18 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Graysville Commons

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

168

LAND DETAILS

CROSS STREETS

15th Ave SE

LAND ACRES

2.05 AC

LAND SF

89,298 SF

ZONING

B1-R3

APN/PARCEL ID

15-00-28-3-000-113.000,15-00-28-3-000-114.000

ASK ABOUT THIS PROPERTY

Adrian Del RioPCG CommercialMore Info
916-303-0133

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Adrian Del RioPCG CommercialMore Info
916-303-0133

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.