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Anchored Shopping Center
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Pending

2407 6th Ave SE, Decatur, AL 35601

Fully leased retail center with established national anchors and a dedicated pad site for future development.

Property Size81,045 SF
Days on Market143

Property Features for 2407 6th Ave SE

General Information

Standard status Pending
Size 81,045 SF
Property subtype Retail
Occupancy 100%

Site & Location

Corner Location Yes
Anchor Co-Tenants Kohl's, ULTA
Traffic Count 37,900 vehicles/day
Road Access Yes

Building Details

Year Built 2012
Tenancy Multi
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Patrick R. Luther, CCIM · License #CA License No. 01912215
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 12:17AM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

The Market Shoppes is an 81,045-square-foot shopping center completed in late 2012 and currently 100% leased. Kohl’s and ULTA anchor the property, with Kohl’s occupying 68% of gross leasable area. The tenant mix includes food, service, and health-oriented businesses, and the center includes a 0.3-acre undeveloped outparcel adjacent to Kohl’s. The pad is zoned B-2 General Business.

The property sits near the signalized intersection of 5th Avenue and State Highway 67, a primary retail route in Decatur. Combined traffic at the intersection is reported at 37,900 VPD. Multiple access points and a large monument sign support entry and property identification. Nearby national retailers include Target, TJ Maxx, Petco, Hobby Lobby, Walmart Supercenter, and The Home Depot. The 5-mile trade area includes more than 62,000 residents and 32,700 employees, with average household income of $76,806.

Key Highlights

  • 81,045‑square‑foot shopping center with 100% occupancy
  • Kohl’s and ULTA anchor the center; Kohl’s occupies 68% of GLA
  • Kohl’s has 10 years remaining in its initial term plus ten 5‑year extension options

Property Analytics

Current Use

Kohl's Department Store

Suggested Use

Top Pick Law Firm Building Supply Plumbing Service Gym & Fitness Center Garden Center Locksmith

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

37,900 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

379
Businesses Nearby
590k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 30% Shops & Services 26% Apparel 20% Superstores 14%
Target Superstores
84,108 visits/mo 0.4 miles
T.J. Maxx Apparel
47,972 visits/mo 0.3 miles
Hobby Lobby Shops & Services
38,532 visits/mo 0.3 miles
Kroger Groceries
37,699 visits/mo 0.3 miles
Ross Dress for Less Apparel
37,119 visits/mo 0.4 miles

Demographics for 35601, AL

34,958
Population
15,168
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
77%
High-School Grad
26.5 sq mi
ZIP Area
1,319
Density / Sq Mi
$50,216
Median Household Income
$33,438
Median Earnings
$860
Median Rent
$148,100
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
Rey
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Similar Off Market Nearby

  • The Crossings Of Decatur 1241 Point Mallard Pkwy, Decatur, AL 35601
  • Southland Plaza Associates LLC 2019 6th Ave SE, Decatur, AL 35601

Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail center with established national anchors and a dedicated pad site for future development.
Where is this shopping center located?
The property is located at 2407 6th Ave SE Decatur, AL.
What are key features of this property?
This property features: 81,045‑square‑foot shopping center with 100% occupancy; Kohl’s and ULTA anchor the center; Kohl’s occupies 68% of GLA; Kohl’s has 10 years remaining in its initial term plus ten 5‑year extension options
(480) 221-4221 Call to check price and availability
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