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29135044
29135045

20-30 N Broadway Ave, Sylacauga, AL 35150

AA
AL AL 000109975, FL #BK3369953 (+2)
Sands Investment Group
Listed by Sands Investment Group
$1,850,000
152 days on market
Updated 5 days ago

North Broadway Avenue Strip Center - Sylacauga, AL

Details
APN 27-09-29-4-000-185.001
Property Type Retail
Sub Type Shopping Center
Square Footage 27,433
Cap Rate 7.78%
NOI $144,019
Occupancy 100%
Tenancy Multi
Brand/Tenant Family Dollar, T-Mobile (+4)
Lease Type Net
Remaining Term 1
Rent Bumps No
Lease Options Yes
Price per SqFt $67
Broker Co-Op Yes
Year Built 1960
Buildings 1
Stories 1
Acreage 1.660
Zoning COMMERCIAL
Parking Spaces 85 spaces
Parking Per SqFt 3.10
Investment Type Net Lease
Tenant Credit Franchisee

100% Occupied Retail Strip Center | 7.78% CAP | Excellent Visibility | Alabama

Marketing description

Sand Investment Group is pleased to exclusively offer a multi-tenant retail strip center totaling 27,433 SF, located on a 1.66-acre lot along North Broadway Avenue, a primary commercial corridor in Sylacauga. The center is 100% occupied by six tenants, including four national franchise tenants—Family Dollar, T-Mobile, Panda Inn, and Liberty Tax & Loans—providing stable and predictable cash ow. The property offers 85 parking spaces, excellent visibility, and easy access from the main road, enhancing tenant exposure and convenience for shoppers. Currently generating $144,019 in annual NOI, the asset is offered at a 7.78% cap rate, presenting a solid income-producing investment with upside potential.

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Investment highlights

  • The property is located in the heart of Sylacauga, Alabama, along North Broadway Avenue, a primary commercial corridor serving the downtown and surrounding areas.

  • The site benefits from excellent visibility and accessibility to local traffic and connects easily to AL-21, the city’s main thoroughfare, providing access to nearby communities and regional markets.

  • Sylacauga is a well-established community known for its stable residential base, local commerce, and manufacturing sector, including its nationally recognized marble industry.

  • The tenant mix consists of four national franchise tenants—Family Dollar, T-Mobile, Panda Inn, and Liberty Tax & Loans. Providing stable and predictable cash flow.

  • This location offers high exposure, convenient access, and long-term market stability, making it an attractive site for retail or commercial investment.

  • This 27,433 SF multi-tenant retail strip center is 100% occupied by six tenants, including three national tenants, with annual rent escalations and lease options in place. Situated on a 1.66-acre lot with 85 parking spaces, the property offers excellent visibility and easy access from North Broadway Avenue.

  • Generating $144,019 in annual NOI and offered at a 7.78% cap rate, this center provides stable cash flow and long-term upside.

Listing Contacts

AA
AL AL 000109975, FL #BK3369953 (+2)
Sands Investment Group
Listed by Sands Investment Group

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$144,019.00
$12,001.58/mo

Valuation Metrics

0
DSCR
7.78%
Cap Rate
7.78%
ROI

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Additional Information

Name
Andrew Ackerman
License
AL #1089690
Title
Broker of Record
Name
Andrew Ackerman
License
AL 000109975
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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