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Faits saillants de l'investissement

  • In-place rents average approximately $6 PSF, well below the estimated market rate of $8 PSF, providing meaningful upside through future lease rollover
  • A strategic blend of national and regional retailers and service providers creates a diversified roster.
  • Offered at approximately $74 PSF, providing investors the opportunity to acquire the asset at a significant discount to replacement value.
  • USPS, CVS, and Dollar General Market collectively account for approximately 55% of the center’s GLA.
  • Limited competing retail inventory positions the center as one of the primary shopping destinations within the Centreville submarket.
  • All tenants operate under attractive net lease arrangements, helping minimize ownership responsibilities and support predictable cash flow.

Résumé de l'annonce

Sands Investment Group is pleased to exclusively offer for sale the 51,875 SF Low-Rent Neighborhood Center located at 155 Birmingham Road and 24 Hazel Street in Centreville, AL. This offering presents a multi-tenant retail value-add opportunity with in-place rents significantly below market rates (approximately $6 PSF versus $8 PSF market), providing investors with the potential for future income growth. The property is 96% occupied, with only one 1,800 SF vacant suite remaining, offering immediate leasing upside while generating stable cash flow, making it a secure and attractive investment opportunity.
BoR: Andrew Ackerman - Lic. AL #1089690

Faits sur la propriété

Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Boutique
Taille du bâtiment
51 875 pi²
Classe d’immeuble
B
Année de construction
1978
Prix
4 693 912 $ CAD
Prix par pi²
90,49 $ CAD
Taux de capitalisation
9%
Revenu net d’exploitation
422 423 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,19
Taille du lot
6,40 AC
Zonage
Commercial - Commercial

Principaux locataires

  • Locataire
  • Secteur
  • pi² Occupé
  • Loyer/pi²
  • Fin du bail
  • Cv Home Health
  • Soins de santé et assistance sociale
  • 4 000 pi²
  • -
  • Juil. 2026
  • Détaillant
  • 8 400 pi²
  • -
  • Févr. 2029

CVS Pharmacy began as Consumer Value Stores in Lowell, Massachusetts in 1963 and introduced pharmacies inside stores a few years later in Cranston, Rhode Island. The business operates as part of CVS Health, a broader health care company that combines retail pharmacy with pharmacy services, mail order, specialty pharmacy, prescription delivery, vaccinations, and clinical support. CVS Pharmacy serves consumers through a wide network of neighborhood pharmacies and offers services tied to medication access, counseling, and wellness needs. Over time, the company expanded from a single store format into a major U.S. pharmacy presence with a national footprint in health care delivery.

  • Détaillant
  • 13 000 pi²
  • -
  • Oct. 2027

Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business created by J.L. Turner and Cal Turner. The company later evolved into a discount retailer and now focuses on everyday essentials, including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor, alongside private brands and well-known national brands. Dollar General also operates DG Market, DGX, and pOpshelf formats in the United States and Mi Súper Dollar General stores in Mexico, while continuing to build a broad convenience-oriented general merchandise business.

  • Hébergement et services alimentaires
  • 1 400 pi²
  • -
  • Août 2035

Domino’s began in 1960 as a single pizza store in Ypsilanti, Michigan, and grew from that origin into a major global pizza brand. The company focuses on making, baking, and delivering pizza through a franchise-driven model that supports household customers in the U.S. and international markets. Domino’s business also includes menu development and store design, with a history of expanding its pizza offerings and related food items over time.

  • Services de location et de bail
  • 9 100 pi²
  • -
  • Oct. 2030

Rent-A-Center began in 1973 as a rent-to-own business focused on furniture and household goods, later building a broader retail model around flexible payment agreements. The company offers furniture, appliances, electronics, computers, tools, and related home essentials through online and store-based shopping, with services that include delivery, setup, and product service and repair in its payment agreements. Rent-A-Center maintains a wide presence across the United States and Mexico and remains centered on branded household goods for shoppers seeking alternatives to traditional credit-based buying.

  • Transport et entreposage
  • 6 875 pi²
  • -
  • Mars 2029

The United States Postal Service began operations in 1971, building on a federal postal history that dates to 1775. The organization handles mail processing and delivery across the United States and associated areas, and its services include shipping options, postage, package pickup, tracking, and postal retail offerings for everyday mail needs. The business also supports commercial mailers with business shipping tools, online label printing, price calculators, and mailing services for letters, parcels, and international shipments. The Postal Service generally funds operations through postage, products, and services rather than tax dollars, which shapes its role as a self-supported mail and shipping provider within the federal system.

Locataire Secteur pi² Occupé Loyer/pi² Fin du bail
Cv Home Health Soins de santé et assistance sociale 4 000 pi² - Juil. 2026
Détaillant 8 400 pi² - Févr. 2029
Détaillant 13 000 pi² - Oct. 2027
Hébergement et services alimentaires 1 400 pi² - Août 2035
Services de location et de bail 9 100 pi² - Oct. 2030
Transport et entreposage 6 875 pi² - Mars 2029
Relativement accessible à pied
30/100
Exceptionnellement adapté aux voitures
100/100
Relativement accessible en vélo
30/100

Impôts fonciers

Impôts fonciers

Numéro de lot
15-07-26-1-000-030-0040
Évaluation du terrain
55 902 $ CAD
Évaluation des bâtiments
593 989 $ CAD
Évaluation totale
649 891 $ CAD
  • ID d’inscription: 41075179

  • Date de mise sur le marché: 2026-06-26

  • Dernière mise à jour:

  • Adresse: 155 birmingham Rd, Centreville, AL 35042

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