Retail    

Morgan Square

 Enterprise, AL

Asking Price

$4,720,000

Cap Rate

8.50%

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Lot Size

6.75 AC

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Year Built

1973

Expansion

GLA

54,000 SF

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Population (5-Mile)

38,306

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Avg HHI (5-Mile)

$82,606

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Planet Fitness Anchor | Taymax Operator, Top 3 Franchisee Nationally 88th Percentile of Planet Fitness locations in Alabama (Placer.ai) 
  • Vacancy & Development Upside | 12% Vacancy Upside Below Market Rents  1.7 Acre Development Site
  • Strong Retail Corridor  | Over 1.33 million SF of retail space within 1-mile radius 1-mile radius includes Walmart, Hobby Lobby, TJ Maxx, CVS, Walgreens, and other national retailers 

Exclusively Listed By

Brett Puckett

Associate Vice President
  bpuckett@northmarq.com      513.906.8211

Ryan Roedersheimer

Senior Vice President
  ryanr@northmarq.com      513.504.4046

Patrick Metz

Associate Vice President
  pmetz@northmarq.com      513.906.5397

In Association With
Brian Lane

AL Lic. #000079670

Northmarq

1101 St Gregory St, Suite 345
Cincinnati, OH 45202


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