Retail Center with Development
For Lease
Contact for pricing
987 AL-203, Elba, AL 36323
Retail center with high occupancy and developable land for rent.
Space Size1,200 SF - 2,500 SF
Property Size31,482 SF
Days on Market1129
Property Features for 987 AL-203
General Information
Standard status
Active
Size
1,200 SF - 2,500 SF
Property subtype
Retail, Restaurant, Special Purpose
Lease Type
NNN
Building Details
Building Size
31,482 SF
Year Built
1999
Tenancy
Multiple
Spaces For Lease
at 987 AL-203 Contact us- Size
- 1,200 SF
- Type
- Restaurant, Retail, Special Purpose
- Lease Type
- Gross
- Availability
- Active
Available
- Size
- 1,500 SF
- Type
- Restaurant, Retail, Special Purpose
- Lease Type
- NNN
- Availability
- Active
Suite 965
- Size
- 2,500 SF
- Type
- Restaurant, Retail, Special Purpose
- Lease Type
- NNN
- Availability
- Active
Suite 987
- Size
- 2,500 SF
- Type
- Restaurant, Retail, Special Purpose
- Lease Type
- NNN
- Availability
- Active
Suite 989
Listing Agency:
NAI Chase Commercial RE Services, Inc. - Birmingham
(205) 383-4007
Listed By:
Vanessa Morris · License #79324-0
Source:
Crexi
Added: Jul 10, 2023
Changed: Aug 8
Last Checked: Aug 10 at 3:35PM
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 NAI Chase Commercial RE Services, Inc. - Birmingham
Investment Insights
Based on property information with market context.
The Shoppes at Taylor Crossing features two buildings, totaling 27,500 square feet. The center maintains high occupancy, with many tenants having a long history at the property. Recent repairs include the parking lot, roof, and HVAC systems. The tenant mix includes both local and regional businesses with multiple locations. The property also includes vacant developable land in the back, suitable for a third building, either another strip center or a single-tenant retailer.
Key Highlights
- High occupancy rate indicates strong tenant demand and income stability.
- Recent repairs to parking lot, roof, and HVAC systems minimize immediate capital expenditures.
- Vacant developable land offers expansion or development opportunities.
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
8k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
8,179 visits/mo
0.3 miles
Demographics for 36323, AL
7,779
Population
3,976
Households
2
Avg Household Size
44
Median Age
13%
College-Educated
77%
High-School Grad
232.7 sq mi
ZIP Area
33
Density / Sq Mi
$43,433
Median Household Income
$28,688
Median Earnings
$675
Median Rent
$108,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Shopping center - Retail center with high occupancy and developable land for rent.
Where is this shopping center located?
The property is located at 987 AL-203 Elba, AL.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: High occupancy rate indicates strong tenant demand and income stability.; Recent repairs to parking lot, roof, and HVAC systems minimize immediate capital expenditures.; Vacant developable land offers expansion or development opportunities.
