Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5956 Main St Pennington, AL 36916

    For Lease
    $8 SF/Yr ($7,000 /Mo)

    10,500 SF Freestanding Retail Building

    Lot size:
    10,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 10,500-square-foot freestanding retail building is ideally situated at 5956 Main Street in Pennington, Alabama, within Choctaw County. The property boasts a single-tenant occupancy, currently vacant, presenting a unique opportunity for a variety of retail businesses. The building is a single-story structure with ample parking, providing 35 spaces for customer convenience. Its prime location on Main Street ensures high visibility and accessibility for potential customers. The building's previous tenant was a Family Dollar/Dollar Tree, indicating a strong history of retail success at this address. The existing lease with Family Dollar extends until May 31, 2032, offering a potential sublease opportunity. This presents a significant advantage for a new tenant, providing a long-term lease option with established infrastructure. The property's 10,500 square feet of vacant space offers considerable flexibility for customization and layout to suit a wide range of retail concepts. With its strategic location, substantial square footage, and ample parking, this property represents a compelling investment opportunity in a growing Alabama market. The property's zip code is 36916. The geographic coordinates are latitude 32.2082531 and longitude -88.0540867.

    Property Features for 5956 Main St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,500 SF
    Total Rate
    7000

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 1
    Size
    10,500 SF
    Rate per SF
    $8

    HighLights

    • 10,500 SF freestanding retail building in Pennington, AL (36916).
    • Currently vacant, offering a unique retail opportunity.
    • Ample parking (35 spaces) and high visibility on Main Street.
    • Previously occupied by Family Dollar/Dollar Tree; existing lease extends to 5/31/2032 (potential sublease).
    • Single‑story building with flexible layout options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Family Dollar Warehouse Store

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Food Market Discount Store Electrical Service Grocery Store Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Pennington
    County
    Choctaw
    State
    Alabama
    Longitude
    -88.0540867
    Latitude
    32.2082531

    Nearby Comparable

    • $7 SF/Yr
      65,069 SF

      Retail Space on U.S. Hwy. 80

      Retail property with high visibility and access to Marengo County.
      505 Hwy 80 West, Demopolis, AL 36732
      View Details
    • $7 SF/Yr
      65,069 SF

      505 Us-80

      Community centers • 65,069 SF
      505 Us-80, Demopolis, AL 36732
      View Details
    • $8 SF/Yr
      61,225 SF

      Neighborhood Shopping Center Retail Space

      Retail space available in high-traffic shopping center near industrial parks.
      3050 Alabama Hwy, Thomasville, AL 36784
      View Details
    • $8 SF/Yr
      61,225 SF

      North Chase Retail Space Available

      High-traffic retail space in Thomasville, AL.
      3050 Al-5, Thomasville, AL 36784
      View Details
    • $2 SF/Yr
      220,000 SF

      Prime Clarke County Industrial Space

      220,000 SF Manufacturing/Distribution Facility
      11670A Highway 43, Grove Hill, AL 36451
      View Details
    • $10 SF/Yr

      Retail Space in Bonita Lakes

      42,814 SF retail space with ample parking.
      1003 Bonita Lakes Cir, Meridian, MS 39301
      View Details

    Nearby Similar for Lease

    • $8 SF/Yr
      10,500 SF

      Pennington Retail Space Sublease Opportunity

      10,500 SF retail space; prime Main Street location.
      5956 Main Street, Pennington, AL 36916
      View Details

    FAQs

    What type of property is this?
    Individual retail property - 10,500 SF Freestanding Retail Building
    Where is this individual retail property located?
    The property is located at 5956 Main St Pennington, AL.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 10,500 SF freestanding retail building in Pennington, AL (36916).; Currently vacant, offering a unique retail opportunity.; Ample parking (35 spaces) and high visibility on Main Street.
    Request Owner's contact information
    5956 Main St Pennington, AL 36916
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5956 Main St
    Pennington, AL 36916
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5956 Main St Pennington, AL 36916
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.