Northport Marketplace
Shopping Center Investment Sale
Marketing description
The Northport Marketplace, situated at the signal-controlled corner of Hwy 43 and Rose Blvd, is a +/- 60,000 sf ALDI anchored shopping center located on +/- 9.70 acres in Northport, AL. The center was built in 1998 and is 100% occupied with a strong tenant mix of both local and national tenants. Well known national tenants like Subway and local favorites such as Davis Dental, enjoy the center’s corner location, two means of ingress/egress, and ample surface parking. Originally developed as a Winn-Dixie Marketplace, this location was part of the acquisition of Winn-Dixie by ALDI. The center features low maintenance masonry construction, mature landscaping, and a rear detention pond area. The roof over the shops is in excellent shape and is approximately 2 years old.
Investment highlights
Investment Highlights:
ALDI Strong, Durable Cash Flow with Competitive Rent Rates and Terms, Thoughtful Low Maintenance Building Design, Prestigious Intrinsic Value Location and Strong Demographic Profile
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
