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601 Highway 78 E
Jasper, AL 35501

New Mattress Firm | 8.00% CAP | 27,000 AADT · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
4,000 SF
Building Class
A
Year Built
2016
Tenancy
Single
Number of Floors
1
Loading Docks
1 Exterior
Building FAR
0.08
Lot Size
1.12 AC
Zoning
B-2
Frontage
240 ft on US Hwy 78 E

Amenities

  • Signage

About 601 Highway 78 E , Jasper, AL 35501

The property is located on Highway 78, Jasper’s main retail corridor, with excellent visibility and access to 27,520 vehicles per day. The property is directly across from Jasper Square, anchored by Hobby Lobby and featuring T.J. Maxx, Walgreens, Petco, Shoe Carnival, and McDonald’s. Jasper Mall is also across from the property and is anchored by JCPenney and Belk. Other major retailers near the property include Walmart Supercenter, Home Depot, CVS, Tractor Supply Company, Big Lots, Dollar General, Advance Auto Parts, Burger King, and many others. The property is centrally located in Jasper and is close to several new developments. Downtown Jasper is just over a mile from the property, and Bevill State Community College is within walking distance. Bevill State Community College, which was named Alabama’s best community college for workforce training by Southern Business & Development in 2015, have over 3,000 students. Across from the college is the new Jasper High School, which opened in January 2017. The high school can hold up to 1,200 students and has a current enrollment of over 800. Another major development, Interstate 22, is less than three miles from the property. Interstate 22, which recently completed construction, connects Birmingham, Alabama to Memphis, Tennessee, providing a faster link between the two metros and a corridor for growth that is already taking place. Attracted by the new Interstate 22 corridor, Yorozu invested over $100 million to construct an automotive plant that will employ 300 workers. The automotive industry is driving Alabama’s economy; the state is in the top five automobile producing states in the country. As a result of Yorozu’s investment, Jasper is already attracting interest from other auto suppliers. Overall, the value in economic development along the Interstate 22 corridor is immense and will continue to grow.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-02-09-1-101-001-0000
Land Assessment
£62,531
Improvements Assessment
£101,212
Total Assessment
£163,743
  • Listing ID: 12937566

  • Date on Market: 19/06/2018

  • Last Updated:

  • Address: 601 Highway 78 E, Jasper, AL 35501

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