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    535 Military St Hamilton, AL 35570

    Sponsored
    For Lease
    $4 SF/Yr

    Alabama Shopping Center - High Traffic Area

    Lot size:
    67,437 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Hamilton Commons, a Class B retail shopping center in Hamilton, Alabama, presents a compelling investment opportunity. This 67,437 square foot center, built in 1977, boasts 12 suites and offers multiple tenancy options. Currently, there are three available spaces ranging from 1,200 to 10,000 contiguous square feet, totaling 17,200 square feet of vacant space. The minimum divisible space is 1,200 square feet, providing flexibility for various retail businesses. Strategically located at 535 Military St S, Hamilton, AL 35570, this property benefits from high visibility due to its proximity to a major roadway and ample on-site parking. A key advantage is its anchor tenant, Super Value Grocery, which drives significant foot traffic to the center. This presents a unique chance to establish or expand a retail presence in a thriving commercial area. The property's location ensures excellent accessibility for customers and employees alike. The available spaces offer a great opportunity for businesses seeking a well-established location with strong existing traffic and visibility. This is an ideal opportunity for businesses looking to capitalize on a prime retail location in a growing market.

    Property Features for 535 Military St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    67,437 SF
    Class
    B
    Total Rate
    22479

    Building Details

    Year Built
    1977

    Unit(s) available at that property

    Space
    Suite 8
    Size
    1,200 SF
    Rate per SF
    $15
    Space
    Suite 3
    Size
    10,000 SF
    Rate per SF
    $4
    Space
    Suite 6
    Size
    5,950 SF
    Rate per SF
    $6

    HighLights

    • Class B retail center, 67,437 square feet, Hamilton, Alabama.
    • Twelve suites with multiple tenancy options.
    • 17,200 square feet of vacant space available, divisible to 1,200 square feet minimum.
    • High‑visibility location at 535 Military St S, Hamilton, AL 35570, with ample parking.
    • Anchored by Super Value Grocery, driving significant foot traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Marion
    State
    Alabama
    Longitude
    -87.9891989
    Latitude
    34.1362682

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Lifestyle center - Alabama Shopping Center - High Traffic Area
    Where is this lifestyle center located?
    The property is located at 535 Military St Hamilton, AL.
    What is the lease rate?
    The lease rate is $4-$15 SF/Yr.
    What are key features of this property?
    This property features: Class B retail center, 67,437 square feet, Hamilton, Alabama.; Twelve suites with multiple tenancy options.; 17,200 square feet of vacant space available, divisible to 1,200 square feet minimum.
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    535 Military St Hamilton, AL 35570
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    535 Military St Hamilton, AL 35570
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