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Weiss Lake Plaza 1470 W Main St 99,450 SF 100% Leased Retail Building Centre, AL 35960 $5,931,573 CAD ($59.64 CAD/SF)
Investment Highlights
- Grocery-anchored shopping center in Cherokee County’s main retail hub.
- Recent capital improvements including roof, HVAC, and parking upgrades.
- Close to Walmart Supercenter, Taco Bell, and Ingles Market for strong co-tenancy.
- Strong tenant mix with national and service-oriented brands.
- High-visibility location with traffic counts over 12,000 vehicles per day.
- Fee simple ownership with 88% occupancy and institutional-grade investment profile.
Executive Summary
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$501,920
|
$5.05
|
| Other Income |
$16,296
|
$0.16
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$518,216
|
$5.21
|
| Taxes |
$33,923
|
$0.34
|
| Operating Expenses |
$161,012
|
$1.62
|
| Total Expenses |
$194,935
|
$1.96
|
| Net Operating Income |
$323,282
|
$3.25
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $501,920 |
| Annual Per SF | $5.05 |
| Other Income (CAD) | |
|---|---|
| Annual | $16,296 |
| Annual Per SF | $0.16 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $518,216 |
| Annual Per SF | $5.21 |
| Taxes (CAD) | |
|---|---|
| Annual | $33,923 |
| Annual Per SF | $0.34 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $161,012 |
| Annual Per SF | $1.62 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $194,935 |
| Annual Per SF | $1.96 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $323,282 |
| Annual Per SF | $3.25 |
Property Facts
Amenities
- 24 Hour Access
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Information
- -
- -
- -
Founded in 1999, Cricket Wireless operates as a prepaid wireless telecommunications provider in the United States. Originally established by Leap Wireless, the brand focused on no-contract mobile services designed for cost-conscious consumers. In 2014, Cricket Wireless became a wholly owned subsidiary of AT&T following AT&T’s acquisition of Leap Wireless. The acquisition integrated Cricket into AT&T’s national network infrastructure while maintaining Cricket as a distinct prepaid brand. Cricket provides voice, text, and data services using AT&T’s wireless network, including access to 4G LTE and 5G coverage where available. The company distributes services through company-operated and authorized retail locations, as well as online channels. Over time, Cricket expanded from its initial regional footprint to a nationwide presence supporting consumer prepaid plans and device offerings.
- PCA Insurance
- Finance and Insurance
- -
- -
- -
- Pic N' Sav
- Retailer
- -
- -
- -
- Sherri's Bakery
- Manufacturing
- -
- -
- -
- Southern Charm
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Information | - | - | - | ||
| PCA Insurance | Finance and Insurance | - | - | - | ||
| Pic N' Sav | Retailer | - | - | - | ||
| Sherri's Bakery | Manufacturing | - | - | - | ||
| Southern Charm | Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-03-08-0-000-064.000 | Total Assessment | $19,254 CAD (2025) |
| Land Assessment | $15,950 CAD (2025) | Annual Taxes | $33,923 CAD ($0.34 CAD/SF) |
| Improvements Assessment | $3,304 CAD (2025) | Tax Year | 2024 |
Property Taxes
Presented by
Weiss Lake Plaza | 1470 W Main St
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