Retail•Neighborhood Center•For Sale

Publix Shopping Center

21 Shell Street, Saraland, Alabama 36571

Sale Price $16,000,000
Zoning B-2 - General Business District
Bldg Type Multi-Tenant
Year Built 2018
Gross Bldg 63,520 SqFt
Land Area 10.72 Acres
Market Mobile, Alabama
• 6.15% CAP RATE • EXCELLENT 1031 OPPORTUNITY ±63,520 square foot grocery shopping center anchored by Publix Super Markets. Mobile MSA - Saraland - Adjacent to Interstate with 85' Sign
  • • NEW FULLY LEASED PUBLIX CENTER
  • • EXCELLENT 1031 OPPORTUNITY
  • • Grocery Anchored Shopping Center with 16,786 SF of shop space
  • • 100% occupancy (includes pending leases) | Opened in 2019
  • • Publix occupies 73.54% of total GLA with Pharmacy Drive-Thru
  • • Publix 20-year lease with eight (8) 5-year options
1/10/2020 2:16:06 PM 1/20/2020 10:07:21 PM
Bob MacKay, CCIM
Real Estate Advisor
Hendersonville
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