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Clanton Plaza 210-218 7th St S 36,520 SF 100% Leased Retail Building Clanton, AL 35045 $2,951,812 ($80.83/SF) 7.95% Cap Rate

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Investment Highlights

  • Street Retail along major traffic cooridor
  • Center of Clanton's business district.
  • Short Term Leases

Executive Summary

Clanton Plaza, Multi-tenant center with a mix of local and regional retailers
Located in Clanton’s Central Business District, at the heart of the community
High visibility along Hwy 31 (7th Street) with multiple access points, including rear entry from 6th Street
Surrounded by strong demographics:
Average household income: ~$75,000
Workforce concentrated in construction, manufacturing, education, and healthcare
Solid investment priced at 8% cap rate.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
36,520 SF
Building Class
B
Year Built
1964
Price
$2,951,812
Price Per SF
$80.83
Cap Rate
7.95%
NOI
$234,762
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
2.36 AC
Parking
92 Spaces (2.52 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Finance and Insurance
  • 1,600 SF
  • -
  • -
  • -

Loan Agency in Clanton

  • Services
  • 13,000 SF
  • -
  • -
  • -

You just started your fitness journey. They will help you from here. Contact them. They offer: 24-Hour Access with Key Fob Technology No Contracts State-of-the-Art Cardio & Strength Equipment Safe, Clean, and Friendly Environment 24-Hour Security Video Recording Six Locations Free Initial Personal Training Discounted Nutritional Supplements Premier Tanning Showers / Changing Rooms

  • Retailer
  • 4,400 SF
  • -
  • -
  • -

Factory Connection specializes in providing the latest fashion apparel for customers in small to medium size markets. With stores in many states and growing rapidly, Factory Connection is a destination shopping experience for many of their customers. Factory Connection offers a wide selection of brand name fashions for Juniors, Misses, Plus, Men’s, Accessories, and shoes. Most locations also feature Home Décor. Buying from the industry’s leading fashion manufacturers allows Factory Connection to offer name brand and specialty store fashions at prices that are below regular retail. Because they ship new merchandise frequently – sometimes based on special limited-quantity purchases – their customers know the more they shop, the more they'll find! They provide the opportunity to find the latest fashions at the right price, offering a great shopping experience!

  • Fancy Nails
  • Services
  • 1,120 SF
  • -
  • -
  • -
  • QQ 99¢ Plus
  • -
  • 3,500 SF
  • -
  • -
  • -
  • Retailer
  • 6,700 SF
  • -
  • Single Net
  • -

Shoe Show Mega operates under SHOE SHOW, INC., a footwear and accessories retailer founded in 1960 in Kannapolis, North Carolina. The company has grown into a nationwide presence with over stores across 47 states, offering a variety of branded shoes, bags, and accessories for men, women, and children. The company’s headquarters and distribution center are located in Concord, North Carolina, supporting its extensive retail network. SHOE SHOW, INC. emphasizes operational efficiency through standardized store designs and advanced distribution systems. Privately held, the company has maintained its focus on providing value and quality products while engaging in community initiatives and charitable activities. With more than six decades in the industry, SHOE SHOW, INC. continues to adapt to changing retail trends while maintaining its core principles of service and affordability.

  • Suncrest Home Health
  • Health Care and Social Assistance
  • 3,200 SF
  • -
  • Single Net
  • -
  • Title Max
  • Finance and Insurance
  • 3,000 SF
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Finance and Insurance 1,600 SF - - -
Services 13,000 SF - - -
Retailer 4,400 SF - - -
Fancy Nails Services 1,120 SF - - -
QQ 99¢ Plus - 3,500 SF - - -
Retailer 6,700 SF - Single Net -
Suncrest Home Health Health Care and Social Assistance 3,200 SF - Single Net -
Title Max Finance and Insurance 3,000 SF - - -

Nearby Major Retailers

Regions Bank
Truist

Property Taxes

Property Taxes

Parcel Number
1701012202017000
Land Assessment
$53,840
Improvements Assessment
$142,420
Total Assessment
$196,260
  • Listing ID: 18855168

  • Date on Market: 3/13/2020

  • Last Updated:

  • Address: 210-218 7th St S, Clanton, AL 35045

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