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3621-3625 Highway 14
Millbrook, AL 36054

Retail Property For Sale

Investment Highlights

  • 100% OCCUPIED, 50,002 SF 4-TENANT GROCERY-ANCHORED SHOPPING CENTER
  • ALDI COMPLETED THE ACQUISITION OF WINN-DIXIE IN 2024
  • 8.5 YEARS WEIGHTED AVERAGE LEASE TERM REMAINING

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Supermarket
Building Size
50,002 SF
Building Class
B
Year Built
2003
Price
£6,246,461
Price Per SF
£125
Net Initial Yield
7%
NOI
£437,181
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.17
Lot Size
6.61 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Frontage
501 ft on Highway 14

PROPERTY TAXES

Parcel Number 15-08-28-0-001-023.000 Improvements Assessment £4,066,564
Land Assessment £850,519 Total Assessment £4,917,083

PROPERTY TAXES

Parcel Number
15-08-28-0-001-023.000
Land Assessment
£850,519
Improvements Assessment
£4,066,564
Total Assessment
£4,917,083
 

  • Listing ID: 31535308

  • Date on Market: 17/04/2024

  • Last Updated:

  • Address: 3621-3625 Highway 14, Millbrook, AL 36054

The Retail Property at 3621-3625 Highway 14, Millbrook, AL 36054 is currently available for sale. Contact Marcus & Millichap for more information.

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3621-3625 Highway 14, Millbrook, AL for sale Building Photo- Image 1 of 7
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3621-3625 Highway 14, Millbrook, AL for sale Building Photo- Image 2 of 7
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3621-3625 Highway 14, Millbrook, AL for sale Building Photo- Image 3 of 7
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3621-3625 Highway 14, Millbrook, AL for sale Building Photo- Image 4 of 7
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3621-3625 Highway 14, Millbrook, AL for sale Primary Photo- Image 5 of 7
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3621-3625 Highway 14, Millbrook, AL for sale Building Photo- Image 6 of 7
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