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Leased Retail Center with Anchor
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913 Rucker Blvd, Enterprise, AL 36330

Morgan Square is a 54,500 SF retail center anchored by Planet Fitness and currently 88% leased.

Property Size54,500 SF
Days on Market124

Property Features for 913 Rucker Blvd

General Information

Standard status Active
Size 54,500 SF
Property subtype Retail
Occupancy 88%
Listing Agency: Northmarq Capital, LLC
Listed By: Ryan Roedersheimer · License #OH 2015004880
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 4:05PM

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 Northmarq Capital, LLC

Investment Insights

Based on property information with market context.

Morgan Square is a 54,500 SF retail center offered for sale in Enterprise, Alabama. The property is currently 88% leased and includes an anchor tenant, Planet Fitness, which maintains 35% of the GLA and represents 37% of the gross income. Planet Fitness is leased through May 2036 and includes one remaining 5-year option.

The center is located at 913 Rucker Blvd, Enterprise, AL 36330. Fort Novosel, the headquarters for U.S. Army Aviation, is approximately seven miles from Enterprise.

As an income-producing retail asset with a long-term anchor lease, Morgan Square is positioned for continued tenant occupancy supported by its existing leased base.

Key Highlights

  • 54,500 SF retail center in Enterprise, Alabama (Morgan Square).
  • Currently 88% leased.
  • Anchored by Planet Fitness, which holds 35% of the GLA and 37% of gross income.

Property Analytics

Current Use

Credit Central Loan Service Farmers Home Furniture ... Furniture & Home Goods New Century Chinese ... Restaurant Just Fun Adventure ... Tour Operator Dollar General Discount Store

Suggested Use

Top Pick Parking Lot & Garage Law Firm Plumbing Service Locksmith HVAC Service Garden Center

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

88%
Occupancy

Location Intelligence

Trade Area within ½ mile

89
Businesses Nearby
Under-served
Demand for This Use

Demographics for 36330, AL

38,595
Population
16,963
Households
2.3
Avg Household Size
37
Median Age
24%
College-Educated
89%
High-School Grad
111.2 sq mi
ZIP Area
347
Density / Sq Mi
$71,589
Median Household Income
$40,507
Median Earnings
$1,055
Median Rent
$198,600
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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Similar Off Market Nearby

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  • Westgate Shopping Center Boll Weevil Cir, Enterprise, AL 36330
  • Park Place Shopping Center 847 Boll Weevil Cir, Enterprise, AL 36330

Frequently Asked Questions

What type of property is this?
Shopping center - Morgan Square is a 54,500 SF retail center anchored by Planet Fitness and currently 88% leased.
Where is this shopping center located?
The property is located at 913 Rucker Blvd Enterprise, AL.
What are key features of this property?
This property features: 54,500 SF retail center in Enterprise, Alabama (Morgan Square).; Currently 88% leased.; Anchored by Planet Fitness, which holds 35% of the GLA and 37% of gross income.
More about this property
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