Brewton Retail Center - ValueAdd Redevelopmet 1804 Douglas Ave

Landmark Commercial Real Estate Services is pleased to present the Brewton Shopping Center (the "Property"), a 91,851 SF value-add retail shopping center located in the heart of Brewton, Alabama. The Property offers investors the chance to redevelop this attractive retail location featuring nearby national demand drivers including Tractor Supply, Dollar General, and Roses Express which has supplemented traffic exposure to the Property with a total of ±14,515 AADT via Douglas Avenue & Douglas Lane. The Property is strategically located in a market with active consumer spending and high average household incomes that compliments consumer markets which are primarily concentrated in the retail space. Ultimately, the Property provides new ownership the opportunity to acquire a value-add retail shopping center at a favorable cost basis with reserve pricing set well below replacement cost.
The City of Brewton offers a robust consumer market with a total consumer spending of ±$51,500,000 (2-mile radius), ±$103,800,000 (5-mile radius), and ±$151,200,000 (10-mile radius). Average household income in the city of Brewton is ±$67,445 (2-mile radius), ±$58,307 (5-mile radius), and ±$58,284 (10-mile radius). The largest industries in Brewton are Health Care & Social Assistance, Manufacturing, and Educational Services while the highest paying industries are Manufacturing, Agriculture, Forestry, Fishing & Hunting, & Mining, and Professional, Scientific, & Technical Services based on information provided by the United States Census Bureau.

License: ALSL466