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2019 Copyright - Southeast Retail Investment Sales team

MONROEVILLE MARKETPLACE

3371 S Alabama Avenue | Monroeville, AL 36460

Square Footage: ± 38,200 

Year Built: 2012

NOI: $373,550

  • 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.

  • Well located on SR #21/41 with 16,000 VPD traffic count.

  • Consistently High Occupancy currently 97% and featuring an established, stable tenant mix including both national and local tenants.

  • Strong demographics with 16,000± population within a 10-mile radius, with average household income at $53,000±.

  • High-quality Improvements constructed in 2012 limits Landlord’s capex exposure.

  • Conservative Economics with $10.80/SF average rent PSF and $122 price PSF. 

Acreage: ± 6.2

Occupancy: 97%