700 Westgate Plz Andalusia, AL 36420
- Specialty properties
- 92,000 SF
- 12.00 lot acres
Current Use by Public Records
- West Gate Plaza Shopping Center / Business Center / Shopping Mall
Property Details for 700 Westgate Plz
- Year built
- 1960
- Lot size
- 12.00 lot acres
- Property size
- 92,000 SF
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
Westgate Plaza Shopping Center, located at 700 Westgate Plaza, Andalusia, AL 36420, presents a unique investment opportunity in a high-traffic area along Highway 29 South, the "beach route." This single-story, 92,000 square foot building sits on 12 acres of land and offers a variety of spaces, ranging from 1,200 to 40,000 contiguous square feet. Currently, 50,000 square feet is available for lease. The property boasts 16 total suites, with ample parking (300+ spaces). Built in 1960 and extensively renovated in 2024, the center features an 18-foot ceiling height and is zoned for retail use. The property benefits from its location in the Andalusia submarket of Covington County, Alabama, and enjoys the presence of established businesses such as Wendy's and Arby's, both renovated in 2021. Two anchor spaces, each exceeding 20,000 square feet, are available, along with the potential for up to 40,000 contiguous square feet. This is an exceptional opportunity to lease space in a revitalized center with strong existing tenants and significant potential for future growth. The property is classified as Class C.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Andalusia
- County
- Covington
- State
- Alabama
- Longitude
- -86.4994
- Latitude
- 31.3087