New Construction Two-Tenant Shopping
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510 Pelham Rd S, Jacksonville, AL 36265
New construction center leased to Dunkin’ and T-Mobile under NN lease agreements.
Property Size4,480 SF
Days on Market142
Property Features for 510 Pelham Rd S
General Information
Standard status
Active
Size
4,480 SF
Property subtype
Retail
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Oswald Cooke & Associates
(843) 343-1351
Listed By:
Benjy Cooke · License #SC 39847
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 12:16AM
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 Oswald Cooke & Associates
Investment Insights
Based on property information with market context.
This new-construction shopping center is configured for two retail occupants: a 2,480 SF T-Mobile store and a 2,000 SF Dunkin’ location. T-Mobile is committed under a 7-year NN lease with three 5-year renewal options, while Dunkin’ has a 20-year NN lease with four 5-year renewal options. T-Mobile’s renewal options include 10% increases, and Dunkin’s lease provides annual 1.25% increases after its initial five-year period.
The property is located at 510 Pelham Road South in Jacksonville, Alabama. Construction is expected to reach tenant delivery in February 2023, with rent scheduled to begin in June 2023. Jacksonville is approximately 74 miles from Birmingham and is home to Jacksonville State University, which has 8,500 students. Nearby national retailers include Chick-fil-A, Starbucks, Cook Out, CVS, Advance Auto, Sonic, Bojangles, Walgreens, McDonald’s, Walmart, and Wendy’s.
The property is located at 510 Pelham Road South in Jacksonville, Alabama. Construction is expected to reach tenant delivery in February 2023, with rent scheduled to begin in June 2023. Jacksonville is approximately 74 miles from Birmingham and is home to Jacksonville State University, which has 8,500 students. Nearby national retailers include Chick-fil-A, Starbucks, Cook Out, CVS, Advance Auto, Sonic, Bojangles, Walgreens, McDonald’s, Walmart, and Wendy’s.
Key Highlights
- New‑construction shopping center with two retail tenants
- T‑Mobile occupies 2,480 SF under a 7‑year NN lease
- Dunkin’ occupies 2,000 SF under a 20‑year NN lease
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
357
Businesses Nearby
55k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 89%
Shops & Services 11%
McDonald's
Dining
22,421 visits/mo
0.2 miles
Waffle House
Dining
9,260 visits/mo
0.1 miles
Regions Bank
Shops & Services
5,755 visits/mo
0.4 miles
Jefferson's
Dining
5,600 visits/mo
0.2 miles
SUBWAY
Dining
4,728 visits/mo
0.2 miles
Demographics for 36265, AL
22,018
Population
9,582
Households
2.3
Avg Household Size
30
Median Age
27%
College-Educated
89%
High-School Grad
98.1 sq mi
ZIP Area
224
Density / Sq Mi
$51,574
Median Household Income
$23,697
Median Earnings
$794
Median Rent
$163,500
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?
Shopping center - New construction center leased to Dunkin’ and T-Mobile under NN lease agreements.
Where is this shopping center located?
The property is located at 510 Pelham Rd S Jacksonville, AL.
What are key features of this property?
This property features: New‑construction shopping center with two retail tenants; T‑Mobile occupies 2,480 SF under a 7‑year NN lease; Dunkin’ occupies 2,000 SF under a 20‑year NN lease
