42950 Us-72 Stevenson, AL 35772
This exceptional 36,860 square foot retail center in Stevenson, Alabama, presents a prime investment opportunity. Located on 3.88 acres in Jackson County, the property boasts a strong anchor tenant, Bruce's Foodland, the primary grocery store within a 10-mile radius, ensuring consistent foot traffic. The center comprises nine suites, with 3,200 square feet currently available for lease. Individual spaces range from 800 to 1,600 square feet and are adaptable for either retail or office use. Each suite features its own HVAC system and separate utility meters, offering tenants maximum control and efficiency. The diverse tenant mix currently includes hair stylists, an insurance agency, an auto parts store, and electrical contractors, creating a vibrant and well-established commercial environment. Built in 1978, the center offers ample parking with 275 spaces. For qualified tenants relocating or requiring build-outs, the owner is offering an attractive incentive of free rent. This is a rare opportunity to secure space in a thriving retail center with a strong anchor tenant and significant potential for growth. Don't miss this chance to establish your business in a high-demand location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.