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505 Hwy 80 West - Demopolis Towne Center - Demopolis Towne Center, Demopolis, AL
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505 Hwy 80 West - Demopolis Towne Center - Demopolis Towne Center
Demopolis, AL 36732
Marketing Flyer
(559.1 KB)
Property Type:
Retail
Sub Type:
Freestanding
Status:
Existing
Year Built:
1996
Building Size:
50,302 SF
Land Area:
10.13 AC (441,263 SF)
% Leased:
Smallest Space:
5,941 SF
Largest Space:
5,941 SF
Total Space Avail:
5,941 SF
Rent/SF/Yr:
$3.00
Parking:
Free Surface spaces are available; Ratio of 5.6/1,000 SF
Anchor Tenants:
Citi Trends, Peebles
Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
1st
5,941 SF
$3.00/SF/Yr
Vacant
2-5 yrs
Warehouse
5510190
Marketing Flyer
Space Notes
Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
5,941 SF
$3.00/SF/Yr
Vacant
2-5 yrs
Warehouse
Demopolis Towne Center is an attractive neighborhood retail center located on US Hwy 80W, approximately 120 miles from Birmingham and 100 miles from Montgomery. It is one of the nicest centers in the region. Located near the new super Wal-Mart, Holiday Inn Express, and regional hospital, Demopolis Towne Center fills the retail gap for shoppers who would otherwise drive to Birmingham, Montgomery or Tuscaloosa. Quality tenants including Fred's, Peebles, CitiTrends & Hibbetts.
Demopolis Town Center offers the investor a unique opportunity to acquire a retail asset with national credit tenants and an excellent debt facility all in the heart of an exciting market serving as the regional hub for west-central Alabama.
Investors will have the opportunity to earn an existing 14% cash-on-cash return and the opportunity to increase their cash-on-cash return by taking advantage of the 24% vacancy upside and filling the existing vacant space.
CLICK HERE TO CONTACT THE LEASING BROKER
FOR LEASE CONTACTS
Real Estate Southeast, LLC
Louise Jennings
(866) 283-5516
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