3462 Crosswind Dr - Freestanding FOR SALE


Phenix City, AL 36869
$4,573,000 USD
214-560-3249
3462 Crosswind Dr, Phenix City, AL for Sale
$4,573,000 USD
Freestanding - FOR SALE
1/9
null | 6.5% Cap Rate

3462 Crosswind Dr
Phenix City, AL 36869


HIGHLIGHTS

  • New Construction | Fully Stabilized Center
  • Strong and Diverse Tenant Mix | Long Term Leases In Place
  • Prime Retail Location | Highly Attractive Adjacent Retail
  • High-Traffic Trade Area | Surrounding Demand Drivers
  • Strong Regional Fundamentals
  • Growing Demographics In 5-Mile Trade Area

OVERVIEW

SRS Multi-Tenant Investments is pleased to offer the fee simple interest (land and building ownership) in The Village at Crosswinds, a 13,441 SF multi-tenant retail strip center located in Phenix City, Alabama. The property sits on an adjacent parcel to the recently built Renfroe’s Market and is 100% leased to a diverse mix of national and regional tenants including Marco’s Pizza, Happy Hour Wine & Spirits, Saborcito Mexican Cocina, Alpha Leader Grooming, and The Vibe Vault Salon. The center achieved full occupancy this year, with Saborcito Mexican Cocina scheduled to begin its lease in December 2025, providing over 9 years of weighted average remaining lease term (WALT) across the tenant base. Each tenant operates under a triple-net (NNN) lease structure with minimal landlord responsibilities, offering investors a stable and predictable long-term income stream. Four of the five tenant leases include fixed annual rent increases ranging from 1.5% to 3.0%, further enhancing the asset’s income growth potential.

FOR SALE DETAILS

PRICE

$4,573,000 USD

PRICE/SF

$340 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Village @ Crosswinds

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

2.14 AC

LAND SF

93,218 SF

ZONING

C4

APN/PARCEL ID

05-08-33-02-002-001.000

ASK ABOUT THIS PROPERTY

Ryan ByrneSRS Real Estate PartnersMore Info
214-560-3249

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Ryan ByrneSRS Real Estate PartnersMore Info
214-560-3249

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