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Watermark Place 4500 Katies Way

186,000 SF Retail Building Bessemer, AL 35022 £8,611,109 (£46/SF)

Investment Highlights

  • Property is easily accessible to I-20/59 located near Amazon
  • Ideal for redevelopment for industrial or distribution center
  • Traffic count is over 70,000 vehicles per day on I-20/59

Executive Summary

Previous outlet mall, open layout, over 40 spaces available. 1,4000 parking spaces on paved lot, well lit. Property includes a commercial kitchen with a Food Hall. Fenced in property. Property can be used for a variety of uses.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
186,000 SF
Building Class
B
Year Built
2000
Price
£8,611,109
Price Per SF
£46
Tenancy
Multiple
Number of Floors
1
Loading Docks
2 Exterior
Building FAR
0.10
Land Acres
42.00 AC
Zoning
C-6 - C-6
Parking
1,415 Spaces (7.61 Spaces per 1,000 SF Leased)

Amenities

  • Dedicated Turn Lane
  • Food Court
  • Pylon Sign
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 186,019 SF
  • Retail
  • Outparcel
  • 30 Days

Most spaces are fully built out, ready to move in.

Space Size Space Use Position Available
1st Floor 186,019 SF Retail Outparcel 30 Days

1st Floor

Size
186,019 SF
Space Use
Retail
Position
Outparcel
Available
30 Days

1st Floor

Size 186,019 SF
Space Use Retail
Position Outparcel
Available 30 Days

Most spaces are fully built out, ready to move in.

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4500 Katies Way, Bessemer, AL - aerial map view

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
1,519
24,277
53,044
79,323
2029 Population
1,478
23,935
52,187
78,216
2024-2029 Projected Population Growth
-2.7%
-1.4%
-1.6%
-1.4%
Median Age
38.5
40.2
40.1
40.8
College Degree + Higher
26%
17%
19%
14%
Daytime Employees
3,539
14,027
23,616
30,381
Total Businesses
252
1,406
2,392
3,186
Average Household Income
$48,963
$55,335
$60,832
$63,002
Median Household Income
$32,031
$41,539
$46,454
$48,722
Total Consumer Spending
$13.7M
$229.9M
$531.7M
$804.1M
2024 Households
627
9,649
21,164
31,540
Average Home Value
$193,908
$170,358
$188,223
$188,021
$ values in USD
(659) 207-9519

  • Listing ID: 30808928

  • Date on Market: 12/10/2022

  • Last Updated:

  • Address: 4500 Katies Way, Bessemer, AL 35022

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© 2024 CoStar Group

Watermark Place | 4500 Katies Way
(659) 207-9519 x

Watermark Place | 4500 Katies Way

Anthony Underwood

(659) 207-9519

(659) 207-9519

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