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The Marketplace - Haleyville, AL 1203-1219 21st Street 13,390 SF 100% Leased Retail Building Haleyville, AL 35565 $400,000 ($29.87/SF) 7.20% Cap Rate
INVESTMENT HIGHLIGHTS
- The Property is Comprised of 8-Units
- The Center Benefits From a Population of 16,269 Residents Within a 10-Mile Radius
- The Site Sees 10,000+ VPD Along 21st Street
- For Sale at $29.87/SF, Which is Significantly Below Replacement Cost
- Strong Tenant Mix, Which Includes an Attorney Office, Rehab Services, Nail Salon and Restaurant
- The Roof Was Recently Replaced With a Warranty in Place
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively offer for sale the Marketplace Strip Center located at 1205–1219 21st Street in Haleyville, AL. This deal is offered at $29.87/SF, which is significantly below replacement cost and features a strong tenant mix, including an attorney's office, rehabilitation services, a nail salon, and a restaurant, providing consistent and reliable cash flow.
BoR: Andrew Ackerman - Lic. AL #1089690
BoR: Andrew Ackerman - Lic. AL #1089690
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
13,390 SF
Building Class
B
Year Built
1972
Price
$400,000
Price Per SF
$29.87
Cap Rate
7.20%
NOI
$28,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
1.01 AC
Opportunity Zone
Yes
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Merle Norman
- Retailer
- 1,990 SF
- -
- -
- Partyville Rentals & Indoor Play
- Retailer
- 1,650 SF
- -
- -
- Shipman Attorney at Law
- Retailer
- 1,375 SF
- -
- -
- Tanning Bed
- Retailer
- 1,375 SF
- -
- -
- The Dandy Lion
- Retailer
- 1,900 SF
- -
- -
- The Rusty Needle
- Retailer
- 1,850 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Merle Norman | Retailer | 1,990 SF | - | - | ||
| Partyville Rentals & Indoor Play | Retailer | 1,650 SF | - | - | ||
| Shipman Attorney at Law | Retailer | 1,375 SF | - | - | ||
| Tanning Bed | Retailer | 1,375 SF | - | - | ||
| The Dandy Lion | Retailer | 1,900 SF | - | - | ||
| The Rusty Needle | Retailer | 1,850 SF | - | - |
PROPERTY TAXES
| Parcel Number | 05-09-31-1-203-056.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $114,860 |
PROPERTY TAXES
Parcel Number
05-09-31-1-203-056.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$114,860
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The Marketplace - Haleyville, AL | 1203-1219 21st Street
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