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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5956 Main St Pennington, AL 36916

10,500 SF
Property ID
Property summary
AI-generated overview

This exceptional 10,500-square-foot freestanding retail building is ideally situated at 5956 Main Street in Pennington, Alabama, within Choctaw County. The property boasts a single-tenant occupancy, currently vacant, presenting a unique opportunity for a variety of retail businesses. The building is a single-story structure with ample parking, providing 35 spaces for customer convenience. Its prime location on Main Street ensures high visibility and accessibility for potential customers. The building's previous tenant was a Family Dollar/Dollar Tree, indicating a strong history of retail success at this address. The existing lease with Family Dollar extends until May 31, 2032, offering a potential sublease opportunity. This presents a significant advantage for a new tenant, providing a long-term lease option with established infrastructure. The property's 10,500 square feet of vacant space offers considerable flexibility for customization and layout to suit a wide range of retail concepts. With its strategic location, substantial square footage, and ample parking, this property represents a compelling investment opportunity in a growing Alabama market. The property's zip code is 36916. The geographic coordinates are latitude 32.2082531 and longitude -88.0540867.

Property profile
Verified
Property type Retail properties & Spaces
Total area 10,500 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
Current use
Occupant on record · Public records
  • Family Dollar Big Box & Wholesale Store Discount Store
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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