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Publix-Anchored Grocery Shopping Center
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21 Shell St, Saraland, AL 36571

Publix-anchored grocery shopping center completed in December 2018 with most openings in 2019.

Property Size63,520 SF
Days on Market124

Property Features for 21 Shell St

General Information

Standard status Active
Size 63,520 SF
Property subtype Retail

Additional Details

Cap Rate 6%

Building Details

Year Built 2018
Tenancy Multi
Listing Agency: KW Commercial Hendersonville
Listed By: Bob MacKay, CCIM · License #NC 292057
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 10:33AM

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 KW Commercial Hendersonville

Investment Insights

Based on property information with market context.

A grocery shopping center anchored by Publix Super Markets, offering a total size of 63,520 square feet. The project was completed in December 2018, with most store openings occurring in 2019.

Located at 21 Shell St in Saraland, AL, the center is positioned as a Publix-centered retail destination within the shopping center format. The offering is also presented as an excellent 1031 exchange opportunity, with remarks noting a 6.0 cap rate.

Key Highlights

  • Publix‑anchored grocery shopping center shopping center
  • Completed in December 2018; most store openings occurred in 2019
  • Reported 6.0 cap rate

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom

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

219
Businesses Nearby
251k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 50% Shops & Services 25% Groceries 18% Hotels & Casinos 4%
QuikTrip Shops & Services
61,948 visits/mo 0.3 miles
Publix Groceries
45,625 visits/mo 0.1 miles
Starbucks Dining
24,177 visits/mo 0.1 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
22,039 visits/mo 0.1 miles
Cracker Barrel Old Country Store Dining
18,279 visits/mo 0.4 miles

Demographics for 36571, AL

16,759
Population
7,755
Households
2.2
Avg Household Size
38
Median Age
24%
College-Educated
91%
High-School Grad
39.3 sq mi
ZIP Area
426
Density / Sq Mi
$61,574
Median Household Income
$47,696
Median Earnings
$1,072
Median Rent
$210,100
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?
Shopping center - Publix-anchored grocery shopping center completed in December 2018 with most openings in 2019.
Where is this shopping center located?
The property is located at 21 Shell St Saraland, AL.
What are key features of this property?
This property features: Publix‑anchored grocery shopping center shopping center; Completed in December 2018; most store openings occurred in 2019; Reported 6.0 cap rate
More about this property
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