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210-218 7th St S
Clanton, AL 35045

Clanton Plaza · Retail Property For Sale

Investment Highlights

  • Street Retail along major traffic cooridor
  • Center of Clanton's business district.
  • Short Term Leases

Executive Summary

Clanton Plaza, a multi tenant street retail center, fronting Highway 31 South, Clanton's main street. Short term leases offer opportunity for increasing NOI within a year. Highly visible with access from Highway 31 and 6th Street in the rear.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
36,520 SF
Building Class
B
Year Built
1964
Price
$3,123,110
Price Per SF
$86
Cap Rate
7.63%
NOI
$238,174
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
2.36 AC
Parking
92 Spaces (2.52 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1701012202017000
Land Assessment
$53,840
Improvements Assessment
$136,940
Total Assessment
$190,780
  • Listing ID: 18855168

  • Date on Market: 3/13/2020

  • Last Updated:

  • Address: 210-218 7th St S, Clanton, AL 35045

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