Town Center Shopping Center US Hwy 280 Local commercial 674 m² 100 % Loué À vendre Alexander City, AL 35010 866 110 € (1 285,54 €/m²) Taux de capitalisation 7,84 %

This prime shopping center is located in a high-traffic area of Alexander City, AL, with three long-term tenants with triple net leases in place. Two national tenants and a long-standing restaurant anchor the center, providing a stable and reliable income stream.
Key Features:
Triple Net Leases: All three tenants are responsible for their own property taxes, insurance, and maintenance, minimizing your operating expenses.
National Tenants: Two national tenants provide strong brand recognition and attract a steady stream of customers.
Long-Standing Restaurant: A well-established local restaurant adds to the center's appeal and draws in additional foot traffic.
High-Traffic Location: The center is located on a busy highway, ensuring high visibility and easy access for customers.
Strong Demographics: The surrounding area has a growing population and a strong economy, providing a solid foundation for continued success.
Location: 3702, 3706, and 3710- 3714 US Hwy 280, Alexander City, AL 35010
Financial Highlights:
Yearly Income: $116,268.12 (Actual Gross Income from 2024)
Yearly Expenses: $54,160.90 (Actual expenses from 2024)
Cap Rate: 10.8%
Listing Price: $985,000
Please note: This brochure is for informational purposes only and should not be considered investment advice. Please consult with a financial advisor before making any investment decisions.