20-30 N Broadway Ave - Storefront FOR SALE


Sylacauga, AL 35150
$1,800,000 USD
770-626-0445
20-30 N Broadway Ave, Sylacauga, AL for Sale
$1,800,000 USD
Storefront - FOR SALE
1/5
null | 7.31% Cap Rate

20-30 N Broadway Ave
Sylacauga, AL 35150


HIGHLIGHTS

  • The property is located in the heart of Sylacauga, Alabama, along North Broadway Avenue, a primary commercial corridor.
  • The site benefits from excellent visibility and accessibility to local traffic and connects easily to AL-21, the city’s main thoroughfare.
  • Sylacauga is a well-established community known for its stable residential base, local commerce, and manufacturing sector.
  • The tenant mix consists of 4 national franchise tenants (Family Dollar, T-Mobile, Buddy's, and Liberty Tax) providing stable & predictable cash flow.
  • This location offers high exposure, convenient access, & long-term market stability, making it an attractive site for retail or commercial investment.
  • This 26,700 SF multi-tenant retail strip center with 25,990 SF of rentable space is 100% occupied by 6 tenants, including 4 national tenants.

OVERVIEW

Sands Investment Group is pleased to exclusively offer a multi-tenant retail strip center totaling 26,700 SF, located on a 1.66 acre lot along North Broadway Avenue, a primary commercial corridor in Sylacauga. The center is 100% occupied by 6 tenants, including 4 national franchise tenants (Family Dollar, T-Mobile, Buddy's, and Liberty Tax), providing stable and predictable cash flow. The property offers 85 parking spaces, excellent visibility, and easy access from the main road, enhancing tenant exposure and convenience for shoppers. Currently generating $131,628 in annual NOI, the asset is offered at a 7.31% CAP Rate, presenting a solid income-producing investment with upside potential. BoR: Andrew Ackerman - Lic. AL #1089690

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$67 USD /SF

CAP RATE

7.31%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

North Broadway Avenue Strip Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

1.66 AC

LAND SF

72,310 SF

ZONING

C

APN/PARCEL ID

27-09-29-4-000-185.000

ASK ABOUT THIS PROPERTY

Andrew AckermanSands Investment Group Atlanta, LLCMore Info
770-626-0445

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Andrew AckermanSands Investment Group Atlanta, LLCMore Info
770-626-0445

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.