MONROEVILLE MARKETPLACE
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3371 S Alabama Avenue | Monroeville, AL 36460
Square Footage: ± 38,200
Year Built: 2012
NOI: $373,550
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Shadow-anchored by Walmart Supercenter serving a large trade area and consistently generating a high volume of consumer traffic – the average Supercenter parking lot receives 2,500 trips per day. Walmart is the largest retailer in the world.
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Well located on SR #21/41 with 16,000 VPD traffic count.
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Consistently High Occupancy currently 97% and featuring an established, stable tenant mix including both national and local tenants.
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Strong demographics with 16,000± population within a 10-mile radius, with average household income at $53,000±.
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High-quality Improvements constructed in 2012 limits Landlord’s capex exposure.
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Conservative Economics with $10.80/SF average rent PSF and $122 price PSF.
Acreage: ± 6.2
Occupancy: 97%