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701 Roosevelt Ave 9,100 SF of Retail Space Available in Selma, AL 36701
Highlights
- Vacant 9,000+ SF building on a large 1.51-acre lot.
- Equipped with central heat and air featuring secure caged units.
- Former Dollar General with adaptable open layout for diverse commercial uses.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 9,100 SF | 2-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
701 Roosevelt Avenue offers a vacant commercial building spanning over 9,000 square feet on a 1.51-acre site in Selma, Alabama. Formerly occupied by Dollar General, this property provides an adaptable layout suitable for multiple uses, including retail, service-based businesses, and professional offices. The site features durable construction, a roll-up security door, and a secured HVAC system with caged units. A Sky-Cop surveillance system is included with the sale, adding an extra layer of security (buyer assumes monitoring). Parking accommodations and convenient ingress/egress enhance operational ease, while ample lot size supports customer traffic or future expansion. Positioned in Selma’s commercial district, the property benefits from proximity to regional transportation routes, residential neighborhoods, and local amenities. With its flexible configuration and location, this asset provides a compelling opportunity for owner-users or investors seeking a repurpose-ready facility in the Selma market.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 701 Roosevelt Ave, Selma, AL 36701
- Tenant
- Description
- US Locations
- Reach
- Dollar General
- Dollar/Variety/Thrift
- 23,931
- International
| Tenant | Description | US Locations | Reach |
| Dollar General | Dollar/Variety/Thrift | 23,931 | International |
Property Facts
| Total Space Available | 9,100 SF | Gross Leasable Area | 9,100 SF |
| Property Type | Retail | Year Built | 2008 |
| Property Subtype | Freestanding |
| Total Space Available | 9,100 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 9,100 SF |
| Year Built | 2008 |
About the Property
This 9,000+ SF commercial storefront is now available for lease on a 1.51-acre site in Selma, Alabama. The property offers a wide-open interior footprint with existing office and restroom build-out, making it easily customizable for retail, service, or specialty use. Features include concrete flooring, roll-up front security door, and central heat and air enclosed for added protection. A Sky-Cop system is also available to enhance on-site security, subject to monitoring arrangements. The surrounding area includes a mix of residential neighborhoods and local businesses, offering steady customer flow. Convenient road access connects tenants to nearby highways and downtown Selma, allowing for efficient distribution and visibility. Flexible lease terms are available to suit tenant requirements.
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701 Roosevelt Ave
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