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    1235 Point Mallard Pkwy Decatur, AL 35601

    For Lease
    Contact for pricing

    High-traffic power center; flexible space.

    Lot size:
    134,006 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail opportunity is located within Crossings of Decatur, a thriving 138,297 square foot regional power center. The property boasts a prime location in Decatur, Alabama, known for its bustling river port on the Tennessee River, a key driver of the city's robust economy. Currently, 6,600 square feet of space is available, divisible to a minimum of 1,600 square feet and with a maximum contiguous space of 5,000 square feet. This power center is anchored by major retailers including Target, Ross, and PetSmart, ensuring high visibility and consistent foot traffic. Decatur's economic strength is further evidenced by the presence of twelve Fortune 500 companies, including General Electric, 3M, Wayne Farms, United Launch Alliance, Nucor, Bunge Limited, Daikin, Hyosung, Ascend, and Performance Materials. This strategic location, combined with the strong tenant mix and robust local economy, presents a compelling investment opportunity for businesses seeking high-traffic exposure in a rapidly growing market. The available space offers excellent potential for a variety of retail uses, making it an ideal location for businesses looking to establish or expand their presence in this dynamic area. Contact us today to learn more about this exceptional retail space.

    Property Features for 1235 Point Mallard Pkwy

    General Information

    Property type
    Power centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    134,006 SF

    Unit(s) available at that property

    Space
    Suite 211
    Size
    3,200 SF

    HighLights

    • 3,200 SF available for lease.
    • Located in Crossings of Decatur, a 138,297 SF regional power center anchored by Target, Ross, and PetSmart.
    • Situated in Decatur, Alabama, a major river port on the Tennessee River.
    • Strong local economy with twelve Fortune 500 companies.
    • Major employers include General Electric, 3M, Wayne Farms, United Launch Alliance, Nucor, Bunge Limited, Daikin, Hyosung, Ascend, and Performance Materials.
    Property Profile Location Intelligence

    Current Use by Public Records

    CVS Pharmacy Pharmacy Savannah Gates, PharmD Pharmacy Bath & Body Works Beauty Supply Store Target Mobile Cell Phone Store Cardtronics ATM Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -86.97091756
    Latitude
    34.55922418

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    FAQs

    What type of property is this?
    Power center - High-traffic power center; flexible space.
    Where is this power center located?
    The property is located at 1235 Point Mallard Pkwy Decatur, AL.
    What are key features of this property?
    This property features: 3,200 SF available for lease.; Located in Crossings of Decatur, a 138,297 SF regional power center anchored by Target, Ross, and PetSmart.; Situated in Decatur, Alabama, a major river port on the Tennessee River.
    Request Owner's contact information
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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
    1235 Point Mallard Pkwy Decatur, AL 35601
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