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    OFF-MARKET
    Neighborhood centers

    0 Gtwy Shopping Ctr, Decatur, AL 35601

    156,515 SF
    Property ID
    Property summary
    AI-generated overview

    Gateway Shopping Center, located in Decatur, Alabama's thriving Southeast submarket, presents a prime retail opportunity. This 156,515 square foot center boasts a strong tenant mix, anchored by Big Lots and Hometown Market, and enjoys a highly visible position on 6th Avenue, a major commercial corridor. Currently, 2,500 square feet of space is available for lease in Suite O, situated between Mi Mexico and It's Fashion Metro. The property is zoned B-2 (General Business) within Morgan County and offers a diverse range of possibilities for retail establishments. The available space is part of a multi-tenant building, providing a vibrant and established commercial environment. The landlord is open to negotiating tenant improvements (TI) to customize the space to meet specific business needs. This location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in a busy retail area. The property's size and location within the established Southeast retail district of Decatur, Alabama, provide significant potential for growth and success. This is a rare opportunity to secure space in a well-established and highly visible shopping center.

    Property profile
    Verified
    Property type Neighborhood centers
    Total area 156,515 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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