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480 N Daleville Ave
Daleville, AL 36322
Daleville Shopping Center · Retail Property For Sale

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EXECUTIVE SUMMARY

• Step into the spotlight with this user/investor gem located in the vibrant heart of Daleville, Alabama. This dynamic shopping center is buzzing with excitement and opportunity, offering seven longterm tenants and incredible potential for a savvy investor. With over half of the tenants currently paying below market rates, the sky's the limit for maximizing returns on your investment.
• Anchored by a thriving bar that has been a local favorite for nearly three decades, this property offers a multitude of avenues to achieve a substantial ROI. Dive into over 20,000 SF of prime retail space situated on the main corridor to Fort Rucker, now known as Fort Novosel in honor of a Medal of Honor recipient.
• As the headquarters for the U.S. Army Aviation, this post is where the elite helicopter pilots of the United States military come to train. With over 63,000 acres and 20,000 personnel, this bustling destination is a magnet for business and success. Whether you're seeking to establish a cool business in a prestigious location or secure a premium rent from a new operator, this property offers unparalleled potential for growth and profitability.
• Don't miss out on the chance to make your mark in the thriving commercial landscape of southeast Alabama. Embrace the opportunity to turn this investment into a lucrative venture that promises both financial rewards and lasting success. With its strategic location and established tenant base, this property is primed for a savvy investor looking to capitalize on the robust economic activity in the area.
• Seize the opportunity to be part of the action in this bustling retail hub. With a diverse mix of tenants and a prime location near a major military installation, this property is a compelling investment opportunity. Maximize your ROI potential and secure your foothold in the thriving commercial landscape of Daleville, Alabama.
• Drive your profit through the roof with this newly repaved and freshly striped parking lot, ensuring a smooth and inviting entrance for customers.
• Drive your investment success with a prime location boasting daily dedicated traffic of high earners, ensuring maximum exposure and profitability for your portfolio.

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
18,724 SF
Building Class
C
Year Built
1979
Price
$1,230,786 CAD
Price Per SF
$65.73 CAD
Cap Rate
13.83%
NOI
$170,271 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
2.60 AC
Zoning
C - Commercial
Parking
68 Spaces (3.63 Spaces per 1,000 SF Leased)
Frontage
196’ on Daleville Avenue

AMENITIES

  • Freeway Visibility
  • Signage
  • Wheelchair Accessible

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-06-14-4-010-011.0000
Land Assessment
$71,353 CAD
Improvements Assessment
$132,634 CAD
Total Assessment
$203,987 CAD
  • Listing ID: 33207562

  • Date on Market: 2024-09-17

  • Last Updated:

  • Address: 480 N Daleville Ave, Daleville, AL 36322

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