602-638 CHERRY Drive Drive, Lanett, AL 36863

Building Details

Year Built

1970

Listing agent MARY CORWIN

Listing office EXIT REALTY PIKE ROAD Show Phone

Listing date Jul 6, 2022

Source Xome

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Overview

This shopping center features a total of 18 spaces. Currently, 15 of these spaces are leased, with 3 spaces available. The total monthly income is $15,269.00. Monthly expenses, including property tax, insurance, parking lot lights, sweeping, lawn service, and local rental tax, amount to $4,648.00. The vacant spaces have the potential to generate an additional $4,980.00 per month. The anchor store for this shopping center is Piggly Wiggly.

Map

City

Lanett

County

Chambers

State

Alabama

Longitude

-85.2564

Latitude

32.8944

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FAQs

What type of property is this?

Shopping center - Shopping center with 18 spaces, anchored by Piggly Wiggly.

Where is this shopping center located?

The property is located at 602-638 CHERRY Drive Drive Lanett, AL.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: Owner financing available (call agent for details).; Piggly Wiggly is the anchor store.; High occupancy rate: 15 of 18 spaces are currently leased.