Building Details

Year Built 1993

Listing Agency: s***@talcor.com Show Phone

Listed By: Shannon Show Phone

Added: Jan 23, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This 1200 sq ft end-unit retail space is located in Luverne, Alabama, on US Highway 331 at 1390 S. Forest Ave, offering excellent visibility and accessibility. The location benefits from a daily traffic count of 12,695 vehicles. Previously occupied by a Subway and Fountain Bar & Grill, the space includes a drive-thru window, a small kitchen, and one restroom. A new HVAC unit was installed in 2024. The property benefits from strong co-tenancy with established businesses including State Farm, Bill Henry's Wings, and Sam Vape Store, and is directly across from Ramey's Marketplace. Nearby retailers include Roses, McDonald's, AutoZone, and Jack's, contributing to a thriving commercial environment. The main area is suitable for customer interaction, dining, or retail displays. The versatile layout is adaptable for various retail, café, or restaurant concepts. The monthly rent is $1250. This location on Hwy 331 offers significant exposure.

Property Analytics

Current Use

Retail residential properties

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Hair Salon Veterinary Clinic Nail Salon Grocery & Convenience 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.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

114

Businesses Nearby

4k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Red Rock Shops & Services

3,611 visits/mo 0.5 miles

Demographics for 36049, AL

5,299

Population

2,448

Households

2.2

Avg Household Size

44

Median Age

18%

College-Educated

83%

High-School Grad

161.0 sq mi

ZIP Area

33

Density / Sq Mi

$53,073

Median Household Income

$41,155

Median Earnings

$678

Median Rent

$124,000

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

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Frequently Asked Questions

What type of property is this?

Retail residential property - Retail space for lease

Where is this retail residential property located?

The property is located at 1390 S Forest Ave Luverne AL 36049 Luverne, AL.