Search
Shopping Center with Flea Mall Operation
For Sale
Contact for pricing

1605 Ashville Rd, Leeds, AL 35094

Fully leased center with booth-based retail operations and upgraded building systems.

Property Size57,023 SF
Lot Size5.10 Acres
Days on Market142

Property Features for 1605 Ashville Rd

General Information

Standard status Active
Size 57,023 SF
Lot size 5.10 Acres
Property subtype Retail
Occupancy 100%

Additional Details

Asking Price $3,600,000
Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Howard Garrett & Company
Listed By: Howard Garrett, CCIM · License #GA 114748
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 2:09AM

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 Howard Garrett & Company

Investment Insights

Based on property information with market context.

This 57,023-square-foot shopping center occupies 5.1 acres at 1605 Ashville Rd in Leeds, Alabama. The property houses an operating indoor flea mall with 400 dealers, and the current operation is 100% leased. Revenue is generated through booth rentals and a percentage of sales, with management staff already in place. The building has received LED lighting improvements, while HVAC and roof upgrades were completed within the last 10 years.

The center offers access and exposure along Hwy 411 and is less than 1 mile from Interstate 20. Birmingham-Shuttleworth Airport is approximately 15 minutes away, and downtown Birmingham is approximately 20 minutes away. The surrounding setting includes nearby restaurant, hotel, and retail amenities. A possible pad site is identified within the front parking lot.

Key Highlights

  • 57,023 SF shopping center on 5.1 acres
  • 100% leased flea mall operation with 400 dealers
  • Booth rentals and percentage‑of‑sales revenue model

Property Analytics

Current Use

Direct Auto Insurance Insurance Agency Bama Flea Mall ... Home Decor Store

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Spa & Massage Center Hair Salon HVAC Service

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

210
Businesses Nearby
178k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 65% Shops & Services 29% Electronics 4% Beauty & Spa 2%
Chick-fil-A Dining
36,840 visits/mo 0.3 miles
McDonald's Dining
25,282 visits/mo 0.4 miles
Whataburger Dining
17,298 visits/mo 0.4 miles
Raceway Shops & Services
15,862 visits/mo 0.4 miles
Taco Bell Dining
14,714 visits/mo 0.3 miles

Demographics for 35094, AL

14,936
Population
6,502
Households
2.3
Avg Household Size
41
Median Age
29%
College-Educated
87%
High-School Grad
58.7 sq mi
ZIP Area
254
Density / Sq Mi
$74,340
Median Household Income
$45,210
Median Earnings
$976
Median Rent
$222,200
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased center with booth-based retail operations and upgraded building systems.
Where is this shopping center located?
The property is located at 1605 Ashville Rd Leeds, AL.
What are key features of this property?
This property features: 57,023 SF shopping center on 5.1 acres; 100% leased flea mall operation with 400 dealers; Booth rentals and percentage‑of‑sales revenue model
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message