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Strip Center with National Tenants
For Sale
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150 Lindberg Ave, Atmore, AL 36502

11,200-sf strip center with 100% national tenants and CAM, tax, and insurance reimbursements.

Property Size11,200 SF
Lot Size2.60 Acres
Days on Market122

Property Features for 150 Lindberg Ave

General Information

Standard status Active
Size 11,200 SF
Lot size 2.60 Acres
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Atlanta
Listed By: Tim Giambrone · License #GA 265556
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 10:05AM

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 Marcus & Millichap - Atlanta

Investment Insights

Based on property information with market context.

Atmore Corners is an 11,200-sf strip center on approximately 2.6± acres, presented for sale with 100% national tenancy. The property includes value-add components: an undeveloped outparcel and adjacent land with potential to almost triple the existing square footage by adding 18,000 sf. Tenants reimburse for CAM, taxes, and insurance.

The strip center functions as an extension of a larger shopping center that totals 85,000 sf and is 100% occupied. The adjacent center includes tenants such as Goody’s, Citi Trends, Hibbett Sports, and Marvin’s.

Current tenants at Atmore Corners include Rent-A-Center (signed 2002), Cato’s (signed 1993), and Subway (signed 1996). These tenants have been in place for an average of 22 years.

Key Highlights

  • 11,200‑sf strip center on approx. 2.6± acres with 100% national tenants
  • Tenants reimburse CAM, taxes, and insurance
  • Two value‑add components: an undeveloped outparcel plus adjacent land with potential to add about 18,000 sf (to almost triple existing area)

Property Analytics

Current Use

Dirt Cheap Discount Store

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Auto Repair Shop Nail Salon Big Box & Wholesale 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

145
Businesses Nearby
69k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 43% Shops & Services 33% Home Improvements & Furnishings 13% Apparel 9%
McDonald's Dining
10,723 visits/mo 0.4 miles
Tractor Supply Co. Home Improvements & Furnishings
8,951 visits/mo 0.2 miles
Dollar Tree Shops & Services
7,883 visits/mo 0.2 miles
Chevron Shops & Services
7,513 visits/mo 0.4 miles
KFC Dining
6,774 visits/mo 0.4 miles

Demographics for 36502, AL

16,050
Population
7,404
Households
2.2
Avg Household Size
41
Median Age
9%
College-Educated
83%
High-School Grad
330.8 sq mi
ZIP Area
49
Density / Sq Mi
$41,136
Median Household Income
$32,651
Median Earnings
$707
Median Rent
$129,400
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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Frequently Asked Questions

What type of property is this?
Shopping center - 11,200-sf strip center with 100% national tenants and CAM, tax, and insurance reimbursements.
Where is this shopping center located?
The property is located at 150 Lindberg Ave Atmore, AL.
What are key features of this property?
This property features: 11,200‑sf strip center on approx. 2.6± acres with 100% national tenants; Tenants reimburse CAM, taxes, and insurance; Two value‑add components: an undeveloped outparcel plus adjacent land with potential to add about 18,000 sf (to almost triple existing area)
More about this property
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