521 4th Ave SE
Red Bay, AL 35582

The subject investment property is situated on 4th Avenue SE, in Red Bay, Alabama. 4th Avenue SE boasts average daily traffic counts exceeding 11,000 vehicles respectively. 4th Avenue SE intersects with Alabama Highway 24, which brings an additional 5,520 vehicles to the immediate area on average daily. There are more than 5,600 individuals residing within a five-mile radius of the property and more than 12,700 individuals within a ten-mile radius. The subject property benefits from being well-positioned in a retail corridor consisting of national and local tenants, all within close proximity of this property. Major national tenants include Piggly Wiggly, Dollar General, Fred’s Pharmacy, McDonald’s, Subway, Chevron, Exxon, O’Reilly Auto Parts, as well as many others. This Jack’s property also benefits from its close proximity to Red Bay High School, which enrolls approximately 826 students. Also, Red Bay Hospital, a 30-bed facility, is located under two-miles of the subject property. Red Bay is a city in Franklin County, Alabama. It was founded in 1907 and the city’s name likely comes from its location amid a large stand of Red Bay Oak trees at the time of its founding. Red Bay’s western Franklin County location lies it along the eastern border of Mississippi and it is situated on the Tennessee Valley Divide, with the northern half of the city draining north to Bear Creek, a tributary of the Tennessee River, and the southern half draining south to Gum Creek, a tributary of the Tombigbee River. The city is served by two primary highways: Alabama Highway 24 and Alabama Highway 19. Highway 24 provides four-lane east-west access from just beyond the Mississippi state line through north Alabama to the state line at Bridgeport, Tennessee, allowing access to Interstate 65 along the way. Red Bay is also located just 20 miles from Interstate 22, which connects Birmingham, Alabama to Memphis, Tennessee. Red Bay is one of the most industrious communities per capita in the state of Alabama and features a variety of industry types. It prides itself on having homegrown, nationally known industries such as Tiffin Motorhomes and Sunshine Mills. Gates Corporation also employs dozens from the area at its Red Bay plant. The quality of the area’s workforce has helped these industries and their affiliated businesses to be successful. Red Bay High School serves area students from grades Pre-K through 12, offering educational opportunities to prepare youth for success. The academics are matched by the quality of the athletics programs offered by the school, which were recently ranked 19th best in the state of Alabama (second-best in Northwest Alabama) by Al.com/The Birmingham News.