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Property profile & analytics
FOR LEASE
Retail space

1906 Glenn Blvd SW Fort Payne, AL 35968

27,250 SF 2.7 ac lot Built 2000
Entity Owned 7-yr Hold Free & Clear
Property ID
US03-2347478
Property summary
AI-generated overview

This exceptional retail opportunity is located at 1906 Glenn Blvd SW in Fort Payne, Alabama, within Dekalb County (zip code 35968). The property, known as Alabama Crossing, offers two available spaces ranging from 3,000 to 4,000 square feet. This is a multi-tenant shopping center strategically positioned at a main entrance traffic light, benefiting from significant visibility and high traffic counts of 20,665 vehicles per day. The location enjoys a strong regional draw, attracting customers from a wide area. The property boasts pylon signage availability, enhancing marketing opportunities for tenants. This prime retail space is situated in a thriving commercial area, with nearby established businesses including Walmart, Chick-fil-A, Lowe's, Dunham Sports, and the DeKalb Regional Medical Center, ensuring high foot traffic and customer exposure. The property type is retail, specifically a shopping center. This presents a unique chance to establish or expand a business in a high-demand location with excellent visibility and access. Interested parties should inquire for further details and lease terms.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2000
Total area 27,250 SF
Lot 2.7 ac (117,612 SF)
APN 22-01-11-0-000-034.000
UPID US03-2347478
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
  • Dr. John B. Weaver Jr, MD Physician
  • Great Clips Hair Salon Nail Salon
  • T-Mobile Mobile Phone Store Electronics & Wireless Store
  • Cato Fashions Clothing & Fashion Store
  • Republic Finance Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.68M
Blend (final) Blend
$2.68M
Owner & transaction history
Scp Fort Payne LLC · 7 yrs held
Scp Fort Payne LLC
since 2019
1 recorded transaction
2019
$4.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.2M +15.3%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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