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    151 Memorial Dr Prattville, AL 36067

    For Lease
    Contact for pricing

    High-traffic retail spaces available.

    Lot size:
    75,098 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail opportunity presents itself in Prattville Square, a Class B neighborhood center totaling 75,098 square feet located at 151 N Memorial Dr, Prattville, AL 36067. Currently, there are two available spaces, one measuring approximately 1,500 square feet and another approximately 2,500 square feet. The larger space is ideally suited for office or medical use, while the smaller space is perfect for retail. The center boasts excellent visibility and high traffic counts due to its prime location on N Memorial Drive, directly across from Baptist Medical Hospital. This ensures consistent foot traffic and strong potential for business growth. Existing tenants include well-established businesses such as Dollar General, Farmers Home Furniture, and Factory Connection, creating a vibrant and successful shopping environment. The property offers a total of 75,098 square feet, with 4,700 square feet currently vacant. This presents a unique chance to establish a presence in a thriving Autauga County community. The property's strategic location and strong tenant mix make it an attractive investment for businesses seeking high visibility and a stable customer base. Don't miss this chance to secure your space in this successful retail center.

    Property Features for 151 Memorial Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    75,098 SF
    Class
    B

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    1,500 SF
    Space
    Available Space 1
    Size
    2,500 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Prattville
    County
    Autauga
    State
    Alabama
    Longitude
    -86.4520566
    Latitude
    32.4664756

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail spaces available.
    Where is this retail property located?
    The property is located at 151 Memorial Dr Prattville, AL.
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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
    151 Memorial Dr Prattville, AL 36067
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