Multi-Tenant Retail
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For Sale
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100 Hampton Dr, Calera, AL 35040
Established center with restaurant, fitness, and service-oriented users in its tenant mix.
Property Size14,760 SF
Price / SF$121.95
Days on Market5
Property Features for 100 Hampton Dr
General Information
Standard status
Active
Size
14,760 SF
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Shannon Waltchack
(559) 765-7069
Listed By:
Blake Schafer
Source:
Moodyscre
Added: Aug 15
Changed: Aug 18
Last Checked: Aug 18 at 4:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shannon Waltchack
Investment Insights
Based on property information with market context.
This established retail center contains 14,760 square feet and is configured for multiple tenants. Its existing mix includes restaurant, fitness, and service users, providing a range of commercial occupants within the property.
The center is located in Calera, Alabama, in Shelby County along the I-65 corridor. Access to U.S. Highway 31 and I-65 connects the property with Calera, Alabaster, Pelham, Birmingham, and surrounding communities.
The center is located in Calera, Alabama, in Shelby County along the I-65 corridor. Access to U.S. Highway 31 and I-65 connects the property with Calera, Alabaster, Pelham, Birmingham, and surrounding communities.
Key Highlights
- 14,760‑square‑foot multi‑tenant retail center
- Existing tenant mix includes restaurants, fitness, and service users
- Located in Calera, Alabama, within Shelby County
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$139,017
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,780,340
$2.8M
Cap Rate 7%
$1,985,957
$2.0M
Cap Rate 9%
$1,544,633
$1.5M
Market Conditions
NOI Build-Up for 14,760 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$221.4K $15.00/SF
− Vacancy
−$22.8K −$1.55/SF
EGI
$198.6K $13.46/SF
− OpEx
−$59.6K −$4.04/SF
NOI
$139.0K $9.42/SF
Area
Shelby County, AL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,780,340
Cap Rate 7%
$1,985,957
Cap Rate 9%
$1,544,633
Alternative Uses
Best Use
Retail
$1.99M
$1.74M – $2.32M
NOI $139,017 @ 7.0% cap · market cap 7.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.46M
$3.03M – $4.04M
NOI $242,513 @ 7.0% cap · market cap 13.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35040, AL
19,214
Population
7,576
Households
2.5
Avg Household Size
34
Median Age
34%
College-Educated
92%
High-School Grad
77.9 sq mi
ZIP Area
247
Density / Sq Mi
$80,267
Median Household Income
$49,844
Median Earnings
$1,441
Median Rent
$210,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Established center with restaurant, fitness, and service-oriented users in its tenant mix.
Where is this shopping center located?
The property is located at 100 Hampton Dr Calera, AL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 14,760‑square‑foot multi‑tenant retail center; Existing tenant mix includes restaurants, fitness, and service users; Located in Calera, Alabama, within Shelby County
