Listed by Matthews
Unpriced
Please request access to submit an LOI. 1% Min • Learn more
Coosa Town Center
Details
Property Type Retail
Sub Type Shopping Center
Net Rentable (SqFt) 105,979
Occupancy 90%
Tenancy Multi
Brand/Tenant Walmart, Burlington Coat Factory
Year Built 1992, 1997
Year Renovated 1999, 2026
Stories 1
Acreage 13.320
Parking Spaces spaces
Best-in-market retail destination | Shadow-anchored by an extremely high performing regional draw
Investment highlights
- Best-in-market retail destination, which is home to a synergistic mix of national credit anchors
- Including T.J.Maxx, Burlington, and Old Navy
- Shadow-anchored by an extremely high performing regional draw — Walmart Supercenter
- Ranked the #15 store of 102 in Alabama (top 14%) for consumer foot traffic and in the top 22% in the entire U.S. (Placer.ai)
- Strategically positioned within the heart of Gadsden’s retail nucleus, on the east side of the downtown area
- Fronting E Meighan Blvd (US-431) and surrounded by major retailers like Hobby Lobby, Ross, Five Below, Ulta, Walmart Supercenter, Aldi, Academy Sports, and Lowe’s
- Extremely strong tenant roster comprised of over 87% national retail tenants
- Providing ample stability while also facilitating buyer ability to secure attractive financing, if required
- Very advantageous average remaining anchor lease term of 7 years
- Bolstered by T.J.Maxx, which recently renewed for 10 years through 2035, and a new 10-yr lease with Burlington
- Main & Main High Traffic Location with Strong Shopping Center Fundamentals
- Including solid visibility and frontage along US-431 with 58,620 combined VPD, a position between two signalized intersections, cross-access with Walmart — a major regional consumer draw, prominent signage, a signalized main entrance, ample parking, and ease of access
- Excellent value creation opportunity via the back-fill of a 10,600+ SF junior anchor box with active interest
- Building on strong momentum via Burlington’s new 10-yr lease, occupying 19,400+ SF of space
Listing Contacts
Listed by Matthews
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
