Unanchored Retail Strip
New
For Sale
$2,275,000
2102 - 2124 Cogswell Ave, Pell City, AL 35125
The multi-tenant center is fully leased and has an established roster of regional and national operators.
Property Size40,436 SF
Price / SF$56.26
Days on Market3
Property Features for 2102 - 2124 Cogswell Ave
General Information
Standard status
Active
Size
40,436 SF
Property subtype
Shopping Strip
Occupancy
100%
Additional Details
Cap Rate
8.5%
Amenities
UNANCHORED STRIP CENTER | PELL CITY, AL
SEASONED TENANT BASE
MARK TO MARKET UPSIDE
ESTABLISHED PELL CITY RETAIL CORRIDOR
GROWING ST. CLAIR COUNTY TRADE AREA
Building Details
Building Size
40,436 SF
Year Built
1961
Tenancy
Multi
Listing Agency:
Marcus & Millichap | Birmingham
Listed By:
Eddie Greenhalgh · License #License(s) AL: 0000882980
(205) 510-9200
Source:
Marcusmillichap
Added: Oct 7
Last Checked: Oct 9 at 4:15PM
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 | Birmingham
Investment Insights
Based on property information with market context.
This 40,436-square-foot retail strip center, built in 1961, is fully leased and operates without a single anchor tenant. Its tenant roster includes Standard Furniture, Tower Loan, and Boost Mobile, along with other businesses. Occupants have remained at the property for an average of approximately eight years, while several have been there for more than a decade.
The center fronts Cogswell Avenue in Pell City and is visible from US-231. The surrounding trade area is described as extending more than 15 miles; the five-mile population exceeds 19,000, with average household income of approximately $86,000. Pell City Square, a 148,000-square-foot retail development near I-20 Exit 158, includes Hobby Lobby, TJ Maxx, Ross Dress for Less, Old Navy, Ulta, PetSmart, and Five Below.
The property offers an existing multi-tenant retail configuration with a mix of established operators. Pell City has added approximately 1,000 homes and 1,800 jobs, according to the property information.
The center fronts Cogswell Avenue in Pell City and is visible from US-231. The surrounding trade area is described as extending more than 15 miles; the five-mile population exceeds 19,000, with average household income of approximately $86,000. Pell City Square, a 148,000-square-foot retail development near I-20 Exit 158, includes Hobby Lobby, TJ Maxx, Ross Dress for Less, Old Navy, Ulta, PetSmart, and Five Below.
The property offers an existing multi-tenant retail configuration with a mix of established operators. Pell City has added approximately 1,000 homes and 1,800 jobs, according to the property information.
Key Highlights
- 40,436‑square‑foot retail center, built in 1961
- Fully leased, with average tenant occupancy of approximately 8 years
- Standard Furniture, Tower Loan, and Boost Mobile are among the tenants; several occupants have been there 10+ years
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
516
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Electronics 21%
Dining 17%
Home Improvements & Furnishings 5%
Dollar General
Shops & Services
9,298 visits/mo
0.3 miles
El Cazador
Dining
3,658 visits/mo
0.1 miles
Truist
Shops & Services
3,032 visits/mo
0.3 miles
Verizon
Electronics
2,916 visits/mo
0.5 miles
Boost Mobile
Electronics
1,723 visits/mo
0.3 miles
Demographics for 35125, AL
10,821
Population
4,593
Households
2.4
Avg Household Size
39
Median Age
18%
College-Educated
80%
High-School Grad
47.4 sq mi
ZIP Area
228
Density / Sq Mi
$63,823
Median Household Income
$37,470
Median Earnings
$985
Median Rent
$179,900
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?
Strip mall - The multi-tenant center is fully leased and has an established roster of regional and national operators.
Where is this strip mall located?
The property is located at 2102 - 2124 Cogswell Ave Pell City, AL.
What is the asking price?
The asking price for this property is $2,275,000.
What are key features of this property?
This property features: 40,436‑square‑foot retail center, built in 1961; Fully leased, with average tenant occupancy of approximately 8 years; Standard Furniture, Tower Loan, and Boost Mobile are among the tenants; several occupants have been there 10+ years
