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- LoopNet Team
2019 6th Ave SE
Decatur, AL 35601
Southland Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- One of the most significant economic development projects in Alabama, Toyota-Mazda, is building a $1.6 billion plant that will create 4,000 jobs.
- Southland Plaza offers investors the opportunity to purchase a highly visible, cash flowing, retail asset with significant upside potential.
PROPERTY FACTS
AMENITIES
- Air Conditioning
ABOUT 2019 6TH AVE SE , DECATUR, AL 35601
Southland Plaza is a ±119,112 SF community shopping center located at 2019 6th Avenue in Decatur, Alabama. Anchored by Bargain Hunt, Badcock Furniture, Tuesday Morning and Dollar Tree, the property’s national tenant line-up accounts for 100% of the occupied space. The majority of the vacancy is comprised of five well positioned suites. Built in 1967 and renovated in 1996, 2015/2016, this retail center is positioned on an expansive ±12.41 acres and has ±520 surface parking spaces. Southland Plaza has 14 units ranging in size from ±525 SF to ±45,000 SF. Moreover, the current owners have made a significant investment in capital improvements in the last several years, consisting of a partial roof replacement, extensive roof repairs, new lighting, painting and a seal/stripe of the parking lot minimizing future expenses for new ownership. The property is located in an ideal location for retail users with solid real estate fundamentals, high traffic counts and excellent visibility.
PROPERTY TAXES
| Parcel Number | 03-09-32-2-000-004.000 | Improvements Assessment | $1,035,180 |
| Land Assessment | $280,880 | Total Assessment | $1,316,060 |
PROPERTY TAXES
