Drive-Thru NNN Retail
For Sale
Contact for pricing
1118-1122 Cullman Shopping Center Nw, Cullman, AL 35055
Three-tenant, fully leased drive-thru retail outparcel with NNN lease structure.
Property SizeContact for details
Days on Market124
Property Features for 1118-1122 Cullman Shopping Center Nw
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Site & Location
Traffic Count
21,200 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Opportunity Zone
Yes
Building Details
Tenancy
Multi
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 6:27PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
SRS National Net Lease Group is pleased to offer the fee simple interest (land and building ownership) in a 100% leased, drive-thru equipped, three-tenant retail outparcel within the Shops at Cullman Center investment property. The property is fully occupied by Panera Bread, Moe’s Southwest Grill, and Sport Clips. Each lease includes options to extend and scheduled rental increases every 5 years, and the leases are described as NNN in nature.
The site is positioned near the signalized, hard-corner intersection of U.S. Highway 31 / 2nd Ave. NW and Loring St. NW, with average traffic of 21,200 vehicles passing by daily. It is also located less than a mile north of 3rd St. SW / U.S. Highway 278, averaging an additional 14,800 VPD.
The outparcel is positioned adjacent to Cullman Shopping Center, a 310,000 square foot regional power center with anchor tenants including Publix, Dick’s Sporting Goods, Belk, Ross, Five Below, PetSmart, and ULTA. The Shops at Cullman Center is also positioned within an opportunity zone. The surrounding trade area is described as supported by more than 26,000 full-time residents and nearly 23,500 employees, with an average household income of $35,500.
The site is positioned near the signalized, hard-corner intersection of U.S. Highway 31 / 2nd Ave. NW and Loring St. NW, with average traffic of 21,200 vehicles passing by daily. It is also located less than a mile north of 3rd St. SW / U.S. Highway 278, averaging an additional 14,800 VPD.
The outparcel is positioned adjacent to Cullman Shopping Center, a 310,000 square foot regional power center with anchor tenants including Publix, Dick’s Sporting Goods, Belk, Ross, Five Below, PetSmart, and ULTA. The Shops at Cullman Center is also positioned within an opportunity zone. The surrounding trade area is described as supported by more than 26,000 full-time residents and nearly 23,500 employees, with an average household income of $35,500.
Key Highlights
- Fee simple ownership in a 100% leased, three‑tenant Shops at Cullman Center retail investment property in Cullman, AL
- Drive‑thru equipped property; Panera Bread includes a drive‑thru for customer convenience
- NNN lease structure across all three tenants to limit expense leakage for a new owner
Property Analytics
Current Use
Lease Details
21,200 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
851
Businesses Nearby
382k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 33%
Apparel 30%
Dining 26%
Groceries 11%
Publix
Groceries
43,597 visits/mo
0.2 miles
Belk
Apparel
38,061 visits/mo
0.1 miles
DICK'S Sporting Goods
Apparel
33,499 visits/mo
0.1 miles
Ross Dress for Less
Apparel
28,474 visits/mo
0.1 miles
Books-A-Million
Shops & Services
22,921 visits/mo
0.1 miles
Demographics for 35055, AL
22,299
Population
10,664
Households
2.1
Avg Household Size
39
Median Age
26%
College-Educated
88%
High-School Grad
63.8 sq mi
ZIP Area
350
Density / Sq Mi
$58,488
Median Household Income
$40,079
Median Earnings
$934
Median Rent
$195,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Three-tenant, fully leased drive-thru retail outparcel with NNN lease structure.
Where is this retail space located?
The property is located at 1118-1122 Cullman Shopping Center Nw Cullman, AL.
What are key features of this property?
This property features: Fee simple ownership in a 100% leased, three‑tenant Shops at Cullman Center retail investment property in Cullman, AL; Drive‑thru equipped property; Panera Bread includes a drive‑thru for customer convenience; NNN lease structure across all three tenants to limit expense leakage for a new owner
