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Northport Marketplace Shopping Center 13620 Highway 43 N 47,657 SF 100% Leased Retail Building Northport, AL 35475 $6,900,000 ($144.78/SF) 6% Cap Rate
Property Facts
Sale Type
Investment
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Building Size
47,657 SF
Building Class
A
Year Built
1908
Price
$6,900,000
Price Per SF
$144.78
Cap Rate
6%
NOI
$414,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.11
Lot Size
9.53 AC
Zoning
C3 - Commercial
Parking
180 Spaces (3.27 Spaces per 1,000 SF Leased)
Frontage
484’ on Mitt Lary Rd
Amenities
- Pylon Sign
- Signalized Intersection
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 20-04-17-0-002-002.003 | Improvements Assessment | $1,678,920 |
| Land Assessment | $95,300 | Total Assessment | $1,774,220 |
Property Taxes
Parcel Number
20-04-17-0-002-002.003
Land Assessment
$95,300
Improvements Assessment
$1,678,920
Total Assessment
$1,774,220
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Northport Marketplace Shopping Center | 13620 Highway 43 N
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