2414 Kimble Rd Manila, AL 36703

This exceptional 24,849-square-foot shopping center in Selma, Alabama, presents a compelling investment opportunity. Boasting 100% occupancy with eight tenants, including Dollar Tree and a high-performing CATO, this property offers a diverse mix of internet-resistant and service-oriented businesses. All leases are triple-net (NNN), providing a stable income stream. The center is shadow-anchored by a top-performing Walmart Supercenter, benefiting from its significant consumer traffic. Built in 2003, the property sits on a 2.26-acre lot with ample parking and a highly visible pylon sign. Located off East Highland Avenue, a major thoroughfare with over 21,828 vehicles passing daily, the center enjoys excellent visibility and accessibility. The property's strong tenant base, prime location, and high occupancy rate contribute to a compelling 8.25% cap rate and a $336,960 net operating income (NOI). The asking price is $4,084,364, translating to $164.37 per square foot. The surrounding area includes numerous national and regional retailers, further enhancing the center's appeal. With a population of 32,724 within a 10-mile radius, this Selma shopping center offers a secure and profitable investment prospect.