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Property profile & analytics
OFF-MARKET
Neighborhood centers

2044 Us-431 Boaz, AL 35957

13,500 SF
Property ID
Property summary
AI-generated overview

Corona Center, a 13,500 square foot retail strip center in Marshall County, presents a unique investment opportunity. Strategically positioned as a Walmart shadow center, this property benefits from the significant draw of a high-performing Walmart Supercenter boasting 2.6 million annual visits. This substantial foot traffic, coupled with a shared signalized entrance directly with Walmart, ensures exceptional visibility and consistent customer flow. Currently, 5,500 square feet of space is available for lease, divided into three units ranging from 1,536 to 1,982 square feet, ideal for a variety of retail businesses, healthcare services, or restaurants. The center's prime location in Boaz attracts shoppers from the town and surrounding areas. The strong tenant mix includes established national retailers such as Tractor Supply, Harbor Freight, Scooter's Coffee, and Tidal Wave Auto Spa, along with a Dollar Tree, further enhancing the property's appeal and drawing power. This is an exceptional chance to establish a business in a high-traffic, well-established retail environment with significant potential for growth and profitability. The shared entrance with Walmart provides unparalleled access to a large and consistent customer base, making this a truly compelling investment opportunity.

Property profile
Verified
Property type Neighborhood centers
Total area 13,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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