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Weiss Lake Plaza 1470 W Main St 99,450 SF 100% Leased Retail Building Centre, AL 35960 $5,975,682 CAD ($60.09 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 |
$505,653
|
$5.08
|
| Other Income |
$16,417
|
$0.17
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$522,070
|
$5.25
|
| Taxes |
$34,175
|
$0.34
|
| Operating Expenses |
$162,209
|
$1.63
|
| Total Expenses |
$196,384
|
$1.97
|
| Net Operating Income |
$325,686
|
$3.27
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $505,653 |
| Annual Per SF | $5.08 |
| Other Income (CAD) | |
|---|---|
| Annual | $16,417 |
| Annual Per SF | $0.17 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $522,070 |
| Annual Per SF | $5.25 |
| Taxes (CAD) | |
|---|---|
| Annual | $34,175 |
| Annual Per SF | $0.34 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $162,209 |
| Annual Per SF | $1.63 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $196,384 |
| Annual Per SF | $1.97 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $325,686 |
| Annual Per SF | $3.27 |
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 | $19,402 CAD (2025) |
| Land Assessment | $16,073 CAD (2025) | Annual Taxes | $34,175 CAD ($0.34 CAD/SF) |
| Improvements Assessment | $3,329 CAD (2025) | Tax Year | 2024 |
Property Taxes
Presented by
Weiss Lake Plaza | 1470 W Main St
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