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    4357 5th Ave Pace, AL 32571

    Source: https://www.saltercompany.com
    For Lease
    $1,966 /Mo ($18 SF/Yr)

    1,275 SF retail suite in thriving neighborhood center.

    Lot size:
    1,275 SF

    Description

    Added:
    Mar 4, 2025
    Days on Market:
    279
    This 1,275-square-foot retail space, located at 4357 5th Ave, Pace, AL 32571, is situated on the first floor of a 12,000-square-foot multi-tenant center. Previously a successful hair salon and boutique, the open-concept layout offers versatility for a variety of retail uses. The suite includes two wash stations, a changing area, dedicated hair stations, and a prominent retail sales area. Large storefront windows provide ample natural light, creating an inviting atmosphere. Benefiting from a high-traffic location along Highway 90, with 35,000 vehicles passing daily, this property enjoys exceptional visibility. The surrounding area is a strong retail hub, boasting major retailers such as Walmart, Target, Lowe's, and Home Depot, along with numerous other national and regional brands within a three-mile radius. The robust economic activity is evidenced by the $2,001,632,000 in gross sales generated within a five-mile radius in 2024, supported by 2,197 businesses and 17,876 employees. The lease is a Modified Gross lease with a monthly rate of $1,966. This exceptional location offers a unique opportunity for businesses seeking high visibility and strong sales potential in a thriving retail corridor.

    Property Features for 4357 5th Ave

    General Information

    Property type
    Other retail properties
    Lease Type
    Modified Gross
    RSF (Rentable sq. ft)
    1,275 SF
    USF (Usable sq. ft)
    1,275 SF
    Elevators
    N/A
    Total Rate
    1966

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 1,275 sq ft retail space available in Pace, AL, ideal for various uses.
    • High‑traffic location on Highway 90, boasting 35,000 vehicles daily.
    • Situated in a thriving retail area near major retailers, generating over $2 billion in sales.
    Location Intelligence

    Current Use by Public Records

    American Transportation Brokerage ... Trucking Company Bank of America ATM Atm Salon FAB Beauty Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pace
    State
    Alabama
    Longitude
    -81.220802
    Latitude
    35.662659

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    FAQs

    What type of property is this?
    Other retail property - 1,275 SF retail suite in thriving neighborhood center.
    Where is this other retail property located?
    The property is located at 4357 5th Ave Pace, AL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 1,275 sq ft retail space available in Pace, AL, ideal for various uses.; High-traffic location on Highway 90, boasting 35,000 vehicles daily.; Situated in a thriving retail area near major retailers, generating over $2 billion in sales.
    (850) 433-0577
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4357 5th Ave Pace, AL 32571
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