Property summary
Franklin Center, located in the heart of Russellville, Alabama, presents a prime retail investment opportunity. This thriving center serves as the dominant retail hub within a 12-mile radius, boasting a strategic location directly adjacent to the only Walmart within a 17-mile area. Currently undergoing major renovations, Franklin Center offers a diverse mix of existing tenants and exciting development potential. Anchor tenants include Tractor Supply, Price Less Foods, Aaron's, and Waffle House, attracting a substantial customer base. Available spaces range from 771 square feet to 10,114 square feet, catering to a variety of business needs. Furthermore, prime outparcel and ground-up development opportunities are available, ranging from 0.5 to 5 acres. This presents a unique chance to establish a presence in a rapidly growing market. The center is home to a strong community of local businesses, creating a vibrant and supportive environment for new ventures. The trade area boasts a population of 24,517 with an average household income of $59,744, indicating significant consumer spending power. Ample parking is available, further enhancing the shopping experience. This is an exceptional opportunity to capitalize on the strong retail dynamics and growth potential of Russellville, Alabama. The combination of established anchor tenants, available space, and ongoing renovations makes Franklin Center an attractive investment for both established businesses and new ventures seeking a prominent location in a thriving market.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Medical Clinic
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Furniture & Home Goods Home Decor Store
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Law Firm
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Pediatrician Medical Clinic
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Zoning
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