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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
20146100

480 N Daleville Ave, Daleville, AL 36322

MP
AL 000112440
Keller Williams Realty Southeast Alabama
Listed by Keller Williams Realty Southeast Alabama
$900,000
621 days on market
Updated 153 days ago

Daleville Shopping Center

Details
APN 26 13 06 14 4 010 011 000
Property Type Retail
Sub Type Shopping Center
Square Footage 20,189
Net Rentable (SqFt) 18,724
Units 11
Occupancy 85%
Tenancy Multi
Lease Type Modified
Remaining Term 1.5
Pro-Forma Cap Rate 13.83%
Pro-Forma NOI $124,509
Price per SqFt $59
Broker Co-Op Yes
Class B
Stories 1
Investment Type Value Add

Step into the spotlight with this user/investor gem located in the vibrant heart of Daleville, Alaba

Marketing description

Step into the spotlight with this user/investor gem located in the vibrant heart of Daleville, Alabama. This dynamic shopping center is buzzing with excitement, offering seven long term tenants and incredible potential for the savvy investor. Almost all the tenants are paying below market rents so there is amble opportunity to raise the rents to market rates which would substantially increase the NOI. Additionally the Seller which is also the anchor tenant has operated a successful bar here for almost three decades. Whether someone is looking to operate a cool bar by the military base where the US Army trains all its helicopter pilots and receive a great income from its neighbors or just be investor by owning the nicest looking shopping center on the main corridor to one of the most important bases for the United States military the possibilities are endless.

Listing Contacts

MP
AL 000112440
Keller Williams Realty Southeast Alabama
Listed by Keller Williams Realty Southeast Alabama

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Additional Information

Name
Michael Prange
License
000112440
Brokerage
Keller Williams Realty Southeast Alabama
Title
Senior Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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