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    Plum Tree Ctr Decatur, AL 35601

    For Lease
    $153 SF/Yr

    Prime Decatur retail space available

    Lot size:
    124,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Plum Tree Center, located at the intersection of Beltline Road SW and Spring Avenue in Decatur, Alabama (zip code 35601), presents a unique investment opportunity. This Class B shopping center boasts approximately 124,900 square feet of retail space situated along one of Decatur's busiest thoroughfares. Currently, 7,020 square feet of retail space is available, divisible into units ranging from a minimum of 1,500 square feet to a maximum contiguous space of 2,400 square feet. The property is zoned B-2, allowing for a variety of retail uses. The center enjoys a strong tenant mix, including established businesses such as Auto Zone, Aaron's, H&R Block, Salon Centric, Red Pier Cajun Seafood & Bar, Pizza Hut, Buddy's Home Furnishings, and Wells Fargo Bank, as well as the recently added 7 Brew Coffee. This diverse tenant base contributes to a stable and attractive investment profile. The property's high-traffic location and established tenant occupancy make it an ideal opportunity for businesses seeking exposure in a thriving retail market. The available space offers excellent visibility and accessibility, making it an attractive proposition for a variety of retail concepts. Interested parties are encouraged to inquire about lease terms and availability. This is a prime opportunity to secure retail space in a well-established and successful shopping center in a growing Alabama market.

    Property Features for 0 Plum Tree Ctr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    124,900 SF
    Class
    B
    Total Rate
    1598720

    Unit(s) available at that property

    Space
    Suite C
    Size
    2,400 SF
    Space
    V1
    Size
    1,500 SF
    Rate per SF
    $153

    HighLights

    • Retail property totaling 124,900 square feet.
    • NNN lease.
    • Ground‑level rear loading.
    • Located at (-87.0049166679, 34.5615662005).
    • Ground‑level parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -87.0048762
    Latitude
    34.5614787

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Decatur retail space available
    Where is this lifestyle center located?
    The property is located at Plum Tree Ctr Decatur, AL.
    What is the lease rate?
    The lease rate is $0.00-$153 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 124,900 square feet.; NNN lease.; Ground-level rear loading.
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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
    Plum Tree Ctr Decatur, AL 35601
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