Listing Agency: Marcus & Millichap - San Diego p***@marcusmillichap.com Show Phone

Listed By: Phil Sambazis · License #01474991

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 12:17PM

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Investment Insights

Based on property information with market context.

Retail space identified as Captain D's and offered for sale at 1116 Dr MLK Jr Expressway in Andalusia, Alabama. The property comprises 2,462 square feet and is presented with a 7.05% CAP rate.

Key Highlights

• 2,462 SF retail space
• 7.05% CAP rate
• 1116 Dr MLK Jr Expressway, Andalusia, AL 36420

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Auto Parts Store Electrical Service Daycare Center Home Appliance Store

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

Location Intelligence

Trade Area within ½ mile

257

Businesses Nearby

136k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 44% Dining 32% Groceries 14% Hotels & Casinos 5%

Piggly Wiggly Groceries

19,457 visits/mo 0.4 miles

Family Dollar Shops & Services

15,678 visits/mo 0.2 miles

Kangaroo Express Shops & Services

14,077 visits/mo 0.3 miles

Burger King Dining

12,132 visits/mo 0.4 miles

Pizza Hut Dining

10,340 visits/mo 0.2 miles

Demographics for 36420, AL

10,796

Population

5,147

Households

2.1

Avg Household Size

43

Median Age

25%

College-Educated

85%

High-School Grad

267.9 sq mi

ZIP Area

40

Density / Sq Mi

$50,126

Median Household Income

$36,374

Median Earnings

$659

Median Rent

$163,900

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space offered for sale under the Captain D's name.

Where is this retail space located?

The property is located at 1116 Dr MLK Jr Expressway Andalusia, AL.

What are key features of this property?

This property features: 2,462 SF retail space; 7.05% CAP rate; 1116 Dr MLK Jr Expressway, Andalusia, AL 36420