Property profile

2414 Kimble Rd Selma, AL 36703

OFF-MARKET
Shopping centers
Property ID
US03-Q019036
24,849 SF Built 2003
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Property summary

AI-generated overview

Marcus & Millichap is pleased to present the opportunity to acquire a 24,849-square-foot, multi-tenant retail center in Selma, Alabama. Selma Plaza is 100 percent leased, and all leases are on triple-net terms. The center is anchored by Dollar Tree and a top-ranking CATO. The tenant base is a complementary mix of internet-resistant and service-oriented businesses including OneMain Financial, Check 'N Go, a Nail Salon and Mbekkeel Scalp & Braid Bar. Constructed in 2003, the center is situated on a 2.26-acre parcel with ample paved parking. A highly visible double-sided pylon sign provides additional exposure to the center. Selma Plaza is located off East Highland Avenue, a major east/west thoroughfare in the city. Traffic counts in front of the property exceed 21,828 vehicles per day. Selma Plaza is shadow-anchored by top-performing Walmart Supercenter and near numerous other national and regional retailers including Nationwide Liquidators, Shoe Dept., Verizon Wireless, Advance Auto Parts, T-Mobile, Wendy’s, KFC, Little Caesars Pizza, It’s Fashion Metro, Hibbett Sports, Popeyes Louisiana Chicken, AutoZone Auto Parts, O’Reilly Auto Parts, and many more. The population is 32,724 residents within a 10-mile radius.

Property profile

Verified
Property type Shopping centers
Year built 2003
Total area 24,849 SF
UPID US03-Q019036

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service
  • Loan Service
  • Discount Store
  • Nail Salon
  • (Bike/Boat/Book/etc) Store

Location

2414 Kimble Rd Selma, AL 36703
Selma metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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