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Retail Space in Elba, Alabama
For Lease
$8 SF/Yr

987 AL-203, Elba, AL 36323

Neighborhood shopping center with available suites and below market rents.

Space Size1,200 SF - 2,500 SF
Property Size27,500 SF
Days on Market263

Property Features for 987 AL-203

General Information

Standard status Active
Size 1,200 SF - 2,500 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 27,500 SF
Year Built 1999

Spaces For Lease

at 987 AL-203 Contact us

Available $10/SF/Yr

Size
1,200 SF
Type
Strip Center
Term
Negotiable
Contact us

Available $8/SF/Yr

Size
2,500 SF
Type
Strip Center
Term
Negotiable
Contact us

Suite 965 $8/SF/Yr

Size
1,500 SF
Type
Medical
Term
Negotiable
Contact us

Suite 987 $8/SF/Yr

Size
2,500 SF
Type
Street Retail
Term
Negotiable
Contact us
Listing Agency: NAI Chase Commercial RE Services, Inc. - Birmingham
Listed By: Vanessa Morris · License #793240
Source: Naiglobal
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 10 at 4:15AM

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 is a neighborhood shopping center comprising two buildings with a total area of 27,500 square feet, situated on 3.84 acres. The property features multi-tenant occupancy, with a mix of local, regional, and national tenants. Available suites range from 1,500 to 2,500 square feet. The property has a long tenant history and consistently high occupancy. Recent property repairs and updates have been completed. The frontage road has recently been expanded to a four-lane highway.

Key Highlights

  • Consistently high occupancy
  • Great tenant mix
  • Below market rents

Property Analytics

Current Use

Strip malls

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

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

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

What type of property is this?
Strip mall - Neighborhood shopping center with available suites and below market rents.
Where is this strip mall 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: Consistently high occupancy; Great tenant mix; Below market rents
More about this property
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