2914 Mallard Ln, Decatur, AL 35601
Mallard Village Shopping Center, located at 2914 Mallard Ln SE in Decatur, Alabama (zip code 35601), presents a prime retail opportunity. This 36,737 square foot strip center, built in 1997 and zoned B-2, offers multiple tenancy options. Three spaces are currently available, ranging from 1,000 to 2,500 square feet, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 3,000 square feet. The property sits on a 4.3-acre lot and enjoys a highly visible location directly across from a Publix grocery store and just one mile from I-65 at the Priceville/Decatur exit. Two convenient entrances at a traffic light ensure excellent accessibility. Ample parking is available for customers and tenants. Beyond the existing retail space, there's an additional 7 acres (the listing mentions 7 acres that may be developed under a ground lease, in addition to the existing shopping/retail/medical space). This presents a unique opportunity for expansion or additional development. This well-located center offers strong visibility and convenient access, making it an ideal location for a variety of retail businesses.
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
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Property description
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No recorded transactions found for this property.
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