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32295617
32295619

4409 Saint Stephens Road, Prichard, AL 36613

AM
AL 000156510
Milling Commercial Realty Inc
Listed by Milling Commercial Realty Inc
$511,964
43 days on market
Updated 2 days ago

4409 SAINT STEPHENS RD Eight Mile, AL USA

Details
APN 230636000300902X
Property Type Retail, Self Storage
Sub Type Storefront, Shopping Center
Square Footage 6,800
Units 18
Cap Rate 10.90%
NOI $56,200
Occupancy 100%
Tenancy Multi
Rent Bumps Yes
Lease Options None
Year Built 1982
Buildings 1
Stories 1
Lot Size (SqFt) 24,094
Investment Type Value Add
Ground Lease No

Investment Opportunity – 4409 St. Stephens Road, Eight Mile, AL

Marketing description

Well-positioned neighborhood retail strip center located along a high-traffic corridor in Eight Mile, offering strong visibility and consistent local demand. The property features multiple (7) suites (approximately 800–1,600 SF), ideal for service-oriented and neighborhood retail tenants.

With ample on-site parking, flexible layouts, and recent interior updates in select units, the center is well-suited for stable occupancy and long-term tenancy. Its location within a densely populated trade area supports reliable foot traffic and tenant retention.

This asset presents an attractive opportunity for investors seeking steady cashflow with upside potential through lease-ups, rent optimization, and further property improvements.

Investment highlights

Listing price is based upon a 10.9% CAP rate.

Listing Contacts

AM
AL 000156510
Milling Commercial Realty Inc
Listed by Milling Commercial Realty Inc

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$56,200.00
$4,683.33/mo

Valuation Metrics

0
DSCR
10.98%
Cap Rate
10.98%
ROI

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Additional Information

Name
Andrew McDonald Jr.
License
000156510
Brokerage
Milling Commercial Realty
Title
Sales and Leasing Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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