
Lakecrest Plaza
Retail | 6.74% CAP | 24,001 SqFt
Marketing description
This offering presents a stabilized, multi-tenant retail center located in a prime commercial corridor in Hoover, Alabama, one of the strongest retail submarkets in the Birmingham MSA. Built in 2004, the property totals 24,001 square feet and sits on a generous 2.55-acre (110,947 SF) lot, providing excellent visibility, access, and long-term flexibility.
The center is 100% leased across 13 units, delivering immediate and reliable cash flow. Tenants benefit from strong traffic exposure, convenient ingress/egress, and proximity to dense residential neighborhoods, national retailers, and major arterial roadways.
This asset is well-suited for investors seeking durable income, minimal near-term leasing risk, and long-term hold potential in a proven Southeast growth market. With in-place tenancy and stabilized operations, the property offers an attractive balance of yield, stability, and market fundamentals.
Full financials, rent roll, and additional due diligence materials are available upon request.
Investment highlights
Property Highlights
• 13 Units – Fully Leased
• 24,001 SF Retail Center
• Built in 2004
• Large 2.55-Acre Site (110,947 SF)
• Stabilized Cash Flow with In-Place Tenancy
• Strong Visibility Along Major Commercial Corridor
• Dense Surrounding Retail & Residential Trade Area
• Ample On-Site Parking
• Well-Maintained Improvements
• Attractive Long-Term Hold Opportunity
• Ideal for 1031 Exchange & Passive Investors
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