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Monroe Square Shopping Center 1812-1838 S Alabama Ave
1,300 - 61,122 SF of Retail Space Available in Monroeville, AL 36460
HIGHLIGHTS
- Right on Main Street in Market. Adjacent to the Hospital and less than a mile form Walmart area. Main and Main location for sure.
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 1,300 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $15,600 /YR $1,300 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 2 | 46,422 SF | Negotiable | $6.00 /SF/YR $0.50 /SF/MO $278,532 /YR $23,211 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 3 | 3,600 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $43,200 /YR $3,600 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 4 | 9,800 SF | Negotiable | $7.00 /SF/YR $0.58 /SF/MO $68,600 /YR $5,717 /MO | Triple Net (NNN) |
1812-1838 S Alabama Ave - 1st Floor - Ste 1
End Cap space small shop available today. Contact Stephen Saunders, CCIM.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Corner Space
- EndCap
1812-1838 S Alabama Ave - 1st Floor - Ste 2
46,422 sf former Winn Dixie Location. Perfect for any Anchor or Jr. Anchor looking to locate in Monroeville. The property is on the main drive-through town and just up the street from Walmart, right in the middle of the market. Space can be divided, and I would entertain any ideas that you may have. Contact Stephen Saunders, CCIM, for terms and discussions about your anchor or Jr. Anchor.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Freezer Space
1812-1838 S Alabama Ave - 1st Floor - Ste 3
Former Clothing store. 3,600 sf can be divided, possibly for the right tenant. Contact Stephen Saunders for terms.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Private Restrooms
1812-1838 S Alabama Ave - 1st Floor - Ste 4
Former Rite Aide. It can be a more tenant with lots of storage if need be. Here is a larger space for a fair deal and plenty of frontage; bring your deals and scenarios, and let's discuss. Contact Stephen Saunders, CCIM.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 1812-1838 S ALABAMA AVE , MONROEVILLE, AL 36460
| Total Space Available | 61,122 SF | Frontage | 750’ on Alabama |
| Center Type | Neighborhood Center | Gross Leasable Area | 71,122 SF |
| Parking | 342 Spaces | Total Land Area | 8.00 AC |
| Stores | 8 | Year Built | 1983 |
| Center Properties | 1 |
| Total Space Available | 61,122 SF |
| Center Type | Neighborhood Center |
| Parking | 342 Spaces |
| Stores | 8 |
| Center Properties | 1 |
| Frontage | 750’ on Alabama |
| Gross Leasable Area | 71,122 SF |
| Total Land Area | 8.00 AC |
| Year Built | 1983 |
ABOUT THE PROPERTY
Main in Main. Adjacent to the hospital and right on the main highway coming into Monroeville, perfect for any tenant looking for this market.
- Pylon Sign
- Signage
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
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Monroe Square Shopping Center | 1812-1838 S Alabama Ave
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