Ground-Lease Retail
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For Sale
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1405 Industrial Pkwy, Saraland, AL 36571
The property sits across from a Publix-anchored retail center, with a Chick-fil-A next door.
Property Size5,780 SF
Price / SF$581.94
Days on Market4
Property Features for 1405 Industrial Pkwy
General Information
Standard status
Active
Size
5,780 SF
Property subtype
RETAIL
Site & Location
Traffic Count
34,400 vehicles/day
Highway Access
Yes
Listing Agency:
Matthews Real Estate Investment Services - Corporate
(866) 889-0550
Listed By:
Hutt Cooke · License #263667(TN)
(615) 521-6955
Source:
Moodyscre
Added: Sep 23
Changed: Sep 26
Last Checked: Sep 26 at 2:48PM
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 Matthews Real Estate Investment Services - Corporate
Investment Insights
Based on property information with market context.
This 5,780-square-foot retail property in Saraland is subject to a 10-year ground lease, with four additional five-year options. Lease increases are 10% every five years, including during each option period.
A Publix-anchored retail center is across the street, and a Chick-fil-A is adjacent. Reported daily traffic is approximately ±34,400 vehicles on Hwy 158 and ±70,400 on nearby I-65. The five-mile area has 44,678 residents and average household income of approximately $84,276; the population within 10 miles is over 188,641. Saraland is part of the Mobile MSA, with a population of roughly 414,000.
A Publix-anchored retail center is across the street, and a Chick-fil-A is adjacent. Reported daily traffic is approximately ±34,400 vehicles on Hwy 158 and ±70,400 on nearby I-65. The five-mile area has 44,678 residents and average household income of approximately $84,276; the population within 10 miles is over 188,641. Saraland is part of the Mobile MSA, with a population of roughly 414,000.
Key Highlights
- 5,780‑square‑foot retail property subject to a ground lease
- 10‑year initial lease term with four five‑year options
- 10% lease increases every five years, including in each option period
Property Analytics
Current Use
Lease Details
34,400 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
124
Businesses Nearby
210k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Shops & Services 30%
Groceries 22%
Hotels & Casinos 3%
QuikTrip
Shops & Services
61,948 visits/mo
0.4 miles
Publix
Groceries
45,625 visits/mo
0.5 miles
Starbucks
Dining
24,177 visits/mo
0.3 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
22,039 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
11,569 visits/mo
0.5 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - The property sits across from a Publix-anchored retail center, with a Chick-fil-A next door.
Where is this retail space located?
The property is located at 1405 Industrial Pkwy Saraland, AL.
What is the asking price?
The asking price for this property is $3,363,637.
What are key features of this property?
This property features: 5,780‑square‑foot retail property subject to a ground lease; 10‑year initial lease term with four five‑year options; 10% lease increases every five years, including in each option period
