706 Bank St Decatur, AL 35601
This exceptional 5,000 square foot retail space presents a unique leasing opportunity in Decatur's thriving Bank Street commercial district. Located in a high-traffic area, this property benefits from its proximity to a newly constructed residential development, ensuring a consistent flow of potential customers. The strategic location also places it within easy reach of the popular Daikin Amphitheater, further enhancing its visibility and accessibility. The space is zoned for downtown commercial use, offering versatility for a wide range of businesses. With ample square footage, this property is ideal for retailers seeking a prominent location to establish or expand their operations. The vibrant atmosphere of Bank Street, combined with the convenience of its location near both residential and entertainment venues, makes this a truly exceptional opportunity for businesses seeking high visibility and strong foot traffic. The property offers significant potential for growth and success within a dynamic and rapidly developing area of Decatur. Serious inquiries are encouraged to explore this exciting leasing prospect. The asking lease price is $2500. This is a rare opportunity to secure a prime retail location in a rapidly growing area of Decatur.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.