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    246 Bexar Ave Hamilton, AL 35570

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Space, High Traffic Area, Long Lease

    Lot size:
    3,676 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,676 square foot free-standing restaurant building presents a unique sublease opportunity in Hamilton, Alabama. Situated on a 0.86-acre parcel, the property boasts unparalleled visibility due to its location on Bexar Avenue (4,880 cars per day) and Military Street North (7,136 cars per day). Built in 2003, this single-story building offers a spacious, single-tenant layout, currently vacant and ready for immediate occupancy. The property's strategic location offers convenient access to a significant customer base, being only 1.6 miles (a five-minute drive) from Bevill State Community College. The existing lease agreement extends until March 31, 2038, with options available, providing long-term stability and investment potential. This is an ideal opportunity for a restaurant or retail business seeking a high-traffic location with excellent visibility and a substantial lease term. The property features no elevators, and the building consists of one structure. The county is Marion County. This turnkey property is ready for your business to thrive.

    Property Features for 246 Bexar Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,676 SF

    Building Details

    Year Built
    2003
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    3,676 SF

    HighLights

    • 3,676 SF free‑standing retail/restaurant building on a 0.86‑acre lot in Marion County, AL.
    • Excellent visibility on Bexar Ave (4,880 CPD) and Military St N (7,136 CPD).
    • Located 1.6 miles from Bevill State Community College.
    • Currently vacant; lease expires 3/31/2038 with options.
    • Built in 2003.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -87.98626361632
    Latitude
    34.141989853324

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    Nearby Similar for Lease

    • $4 SF/Yr
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      Hamilton Commons Retail Center

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      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Retail Space, High Traffic Area, Long Lease
    Where is this restaurant located?
    The property is located at 246 Bexar Ave Hamilton, AL.
    What are key features of this property?
    This property features: 3,676 SF free-standing retail/restaurant building on a 0.86-acre lot in Marion County, AL.; Excellent visibility on Bexar Ave (4,880 CPD) and Military St N (7,136 CPD).; Located 1.6 miles from Bevill State Community College.
    Request Owner's contact information
    246 Bexar Ave Hamilton, AL 35570
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    246 Bexar Ave
    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
    246 Bexar Ave Hamilton, AL 35570
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