The Marketplace - Haleyville, AL 1203-1219 21st Street

16,730 SF 100% Leased Retail Building Haleyville, AL 35565 $500,000 ($29.89/SF) 6.48% Cap Rate

Retail Space Alabama Haleyville 1203-1219 21st Street, Haleyville, AL 35565

INVESTMENT HIGHLIGHTS

  • The Property is Comprised of 8-Units
  • The Center Benefits From a Population of 16,269 Residents Within a 10-Mile Radius
  • The Site Sees 10,000+ VPD Along 21st Street
  • For Sale at $37.34/SF, Which is Significantly Below Replacement Cost
  • Strong Tenant Mix, Which Includes an Attorney Office, Rehab Services, Nail Salon and Restaurant
  • The Roof Was Recently Replaced With a Warranty in Place

EXECUTIVE SUMMARY

Sands Investment Group is Pleased to Exclusively Offer For Sale The Marketplace Strip Center Located at 1205-1219 21st Street in Haleyville, AL. This Deal is Offered at $37.34/SF, Which is Significantly Below Replacement Cost and Has a Strong Tenant Mix Including an Attorney Office, Rehab Services, Nail Salon and Restaurant, Providing For a Secured Investment.

BoR: Andrew Ackerman - Lic. AL #1089690

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Department Store
Building Size
16,730 SF
Year Built
1972
Price
$500,000
Price Per SF
$29.89
Cap Rate
6.48%
NOI
$32,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
1.01 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Merle Norman
  • Retailer
  • 1,990 SF
  • -
  • -
  • Partyville Rentals & Indoor Play
  • Retailer
  • 1,650 SF
  • -
  • -
  • Shipman Attorney at Law
  • Retailer
  • 1,375 SF
  • -
  • -
  • Tanning Bed
  • Retailer
  • 1,375 SF
  • -
  • -
  • The Dandy Lion
  • Retailer
  • 1,900 SF
  • -
  • -
  • The Rusty Needle
  • Retailer
  • 1,850 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Merle Norman Retailer 1,990 SF - -
Partyville Rentals & Indoor Play Retailer 1,650 SF - -
Shipman Attorney at Law Retailer 1,375 SF - -
Tanning Bed Retailer 1,375 SF - -
The Dandy Lion Retailer 1,900 SF - -
The Rusty Needle Retailer 1,850 SF - -

LINKS

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PROPERTY TAXES

Parcel Number 05-09-31-1-203-056.000 Improvements Assessment $0
Land Assessment $0 Total Assessment $114,860

CONTACT

  • Listing ID: 35158018

  • Date on Market: 3/17/2025

  • Last Updated:

  • Address: 1203-1219 21st Street, Haleyville, AL 35565

More public record information on 1203-1219 21st Street, Haleyville, AL 35565

The Retail Property at 1203-1219 21st Street, Haleyville, AL 35565 is currently available for sale. Contact Sands Investment Group for more information.

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