1021 Crossroads Plaza Dr Moody, AL 35004
- Lifestyle centers
- 13,900 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 1021 Crossroads Plaza Dr
- Year built
- 2003
- Property size
- 13,900 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional value-add opportunity presents a 13,900-square-foot shopping center in Moody, Alabama, boasting a 6.85% cap rate and 100% occupancy. Located at 1021 Crossroads Plaza Dr, this single-story, 2003-built property sits on 2.65 acres at a signalized intersection on Hwy 411, a major thoroughfare leading to I-20, providing excellent visibility and accessibility. The center benefits from strong regional access via Interstate 20 and is situated in a rapidly growing area; Moody has experienced a 14.5% population increase since 2010, with commercial growth now accelerating to match residential expansion. The property's four tenants include a Family Dollar, a leading national dollar store chain; 1st Franklin Financial, offering personal loans and financial solutions; World Finance, providing fixed-rate loan solutions; and Domino's Pizza, a globally recognized fast-food brand. These tenants represent a diverse mix of essential and high-demand businesses, ensuring consistent revenue streams. The current Net Operating Income (NOI) stands at $75,316, with an asking price of $1,100,000 and a price per square foot of $79.14. This investment presents a compelling opportunity to capitalize on the growth trajectory of Moody, Alabama, and the strong performance of its established tenant base. The adjacent 45,000 square foot building is separately owned.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moody
- County
- St Clair
- State
- Alabama
- Longitude
- -86.4955
- Latitude
- 33.5928
