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Daleville Shopping Center Investment Gem
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480 N Daleville Ave, Daleville, AL 36322

Vibrant shopping center with long-term tenants and income potential.

Property Size20,189 SF
Price / SF$44.58
Days on Market711

Property Features for 480 N Daleville Ave

General Information

Standard status Active
Size 20,189 SF
Class B
Property subtype Retail
Occupancy 85%
Lease Type Modified Gross
Investment Type Value Add

Building Details

Stories 1
Units 11
Tenancy Multi
Listing Agency: Keller Williams Realty Southeast Alabama
Listed By: Michael Prange · License #000112440
Source: Crexi
Added: Sep 24, 2024 Changed: Aug 13 Last Checked: Sep 3 at 12:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Southeast Alabama

Investment Insights

Based on property information with market context.

Located in Daleville, Alabama, this shopping center presents an opportunity for users and investors. The property features seven long-term tenants. There is potential to increase the net operating income by raising rents to market rates, as most tenants are currently paying below-market rates. The seller, who is also the anchor tenant, has operated a bar on the premises for almost three decades. The property is located on the main corridor to one of the most important bases for the United States military. The property size is 20189 square feet.

Key Highlights

  • Located in the heart of Daleville, Alabama.
  • Seven long‑term tenants.
  • Potential to increase NOI by raising rents to market rates.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply Parking Lot & Garage HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

208
Businesses Nearby
12k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 52% Shops & Services 48%
Wendy's Dining
6,261 visits/mo 0.4 miles
Dollar General Shops & Services
5,836 visits/mo 0.2 miles

Demographics for 36322, AL

8,137
Population
4,403
Households
1.8
Avg Household Size
41
Median Age
15%
College-Educated
87%
High-School Grad
59.5 sq mi
ZIP Area
137
Density / Sq Mi
$49,243
Median Household Income
$34,098
Median Earnings
$777
Median Rent
$115,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Vibrant shopping center with long-term tenants and income potential.
Where is this shopping center located?
The property is located at 480 N Daleville Ave Daleville, AL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Located in the heart of Daleville, Alabama.; Seven long‑term tenants.; Potential to increase NOI by raising rents to market rates.
(334) 805-8938 Call to check price and availability
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