Share This Listing

Message

946 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

210-218 7th St S
Clanton, AL 35045
Clanton Plaza · Retail Property For Sale

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Street Retail along major traffic cooridor
  • Center of Clanton's business district.
  • Short Term Leases

EXECUTIVE SUMMARY

Clanton Plaza, Multi-tenant center with a mix of local and regional retailers
Located in Clanton’s Central Business District, at the heart of the community
High visibility along Hwy 31 (7th Street) with multiple access points, including rear entry from 6th Street
Surrounded by strong demographics:
Average household income: ~$75,000
Workforce concentrated in construction, manufacturing, education, and healthcare
Solid investment priced at 8% cap rate.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
36,520 SF
Building Class
B
Year Built
1964
Price
$4,086,784 CAD
Price Per SF
$111.91 CAD
Cap Rate
7.95%
NOI
$325,028 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
2.36 AC
Parking
92 Spaces (2.52 Spaces per 1,000 SF Leased)

AMENITIES

  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1701012202017000
Land Assessment
$75,466 CAD
Improvements Assessment
$199,627 CAD
Total Assessment
$275,094 CAD
  • Listing ID: 18855168

  • Date on Market: 2020-03-13

  • Last Updated:

  • Address: 210-218 7th St S, Clanton, AL 35045

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}