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Two-Tenant Shopping Center
For Sale
Contact for pricing
Pending

11059 Highway 119, Alabaster, AL 35007

The center combines rent-to-own retail with a pet grooming studio in an established commercial setting.

Property SizeContact for details
Days on Market143

Property Features for 11059 Highway 119

General Information

Standard status Pending
Property subtype Retail

Additional Details

Cap Rate 9.5%
Traffic Count 25,000 vehicles/day

Building Details

Tenancy Multi
Listing Agency: Mulkey Development
Listed By: Evan Dujanovic · License #AL 44660
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:44PM

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 Mulkey Development

Investment Insights

Based on property information with market context.

This two-tenant shopping center at 11059 Highway 119 includes Rent-A-Center and Bark Ave Pet Grooming Studio. Rent-A-Center has operated at the property since 1993, while the center’s tenant mix combines retail and personal-service uses.

The property functions as an outparcel to CVS in Alabaster, Alabama, within the Birmingham MSA. Highway 119 exposure and an estimated 25,000 vehicles per day provide measurable traffic context for the site. The surrounding area is also experiencing new development and growth.

Key Highlights

  • Two‑tenant shopping center with Rent‑A‑Center and Bark Ave Pet Grooming Studio
  • Rent‑A‑Center has operated at the property since 1993
  • Outparcel to CVS

Property Analytics

Current Use

Rent-A-Center Furniture & Home Goods

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Storage Facility (Bike/Boat/Book/etc) Store Veterinary Clinic Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

25,000 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

610
Businesses Nearby
Well-served
Demand for This Use

Demographics for 35007, AL

28,274
Population
10,634
Households
2.7
Avg Household Size
38
Median Age
38%
College-Educated
92%
High-School Grad
39.0 sq mi
ZIP Area
725
Density / Sq Mi
$86,994
Median Household Income
$47,572
Median Earnings
$1,348
Median Rent
$231,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Propst Promenade 470 Colonial Promenade Pkwy, Alabaster, AL 35007
  • Southbrook Village 410 1st St SW, Alabaster, AL 35007
  • Alabaster Shopping Center 1st St SW, Alabaster, AL 35007

Frequently Asked Questions

What type of property is this?
Shopping center - The center combines rent-to-own retail with a pet grooming studio in an established commercial setting.
Where is this shopping center located?
The property is located at 11059 Highway 119 Alabaster, AL.
What are key features of this property?
This property features: Two‑tenant shopping center with Rent‑A‑Center and Bark Ave Pet Grooming Studio; Rent‑A‑Center has operated at the property since 1993; Outparcel to CVS
More about this property
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