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Property profile & analytics
FOR LEASE
Retail space

100 Colonial Dr Alabaster, AL 35007-4667

30,158 SF 8.35 ac lot Built 2008
Individually Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US03-1394517
Property summary
AI-generated overview

This exceptional 2,400 square foot retail space is available for lease, ideally situated at 100 S Colonial Dr, Suite 1400, in the vibrant Colonial Promenade shopping center of Alabaster, Alabama. Located in Shelby County, this property offers a high-visibility storefront opportunity within a thriving retail environment. The space is categorized as retail, storefront, and shopping center tenancy, making it suitable for a wide range of businesses. The property boasts a convenient location with excellent access and ample parking for customers. The lease commencement date is September 1st, 2024. This space previously housed a Spectrum store, providing a ready-made layout and infrastructure. The property's address is 100 S Colonial Dr, Alabaster, AL 35007. Its geographical coordinates are latitude 33.2257944 and longitude -86.8046046. This is a single available space within a multi-tenant building. Serious inquiries are encouraged to explore this outstanding retail leasing opportunity. The property is classified as a retail space within a shopping center.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2008
Total area 30,158 SF
Lot 8.35 ac (363,726 SF)
APN 231120000002002
UPID US03-1394517
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bedzzz Express Furniture & Home Goods
  • Spectrum Store Telecommunications Service Data Center
  • Angela Halverson Canales Dental Office
  • PetSmart Dog Training Animal Training
  • PetSmart Grooming Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.38M
Blend (final) Blend
$5.38M
Owner & transaction history
Dev Auth Commercial · 19 yrs held
Dev Auth Commercial
since 2007
5 recorded transactions
2007
Price N/A
2006
Price N/A
2006
Price N/A
2005
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $5.5M +46.4%
Office building $4.4M +17.7%
Commercial (general) $3.8M +0.9%
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More about this property
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