4150 Florence Blvd Florence, AL 35634

This exceptional portfolio comprises five strategically located multi-tenant retail properties totaling 94,914 square feet across five parcels in the Florence-Muscle Shoals MSA of Alabama. The properties boast a current NOI of $602,931 and a pro-forma NOI of $722,316, representing a current cap rate of 6.09% and a pro-forma cap rate of 7.30%. The asking price for this portfolio is $9,895,000, translating to a price per square foot of $104.25. The portfolio includes properties in Florence (two locations), Russellville, Rogersville, and Sheffield, Alabama, all situated along major retail corridors. The portfolio benefits from a diverse tenancy, with approximately 80% occupancy and opportunities for lease-up in newly constructed centers. This presents a compelling investment opportunity with significant upside potential due to the strong tenant base, favorable lease terms, and the continued growth of the Florence-Muscle Shoals MSA, which has experienced steady population growth since 2010. The properties offer excellent exposure to national, regional, and local tenants, providing a diversified income stream and long-term stability. The proximity of all properties within a 25-mile radius of Muscle Shoals allows for economies of scale in management and operations.