Press Releases
Marcus & Millichap Brokers $2.4 Million Sale of Anchored Retail Center in Talladega, Alabama
August 05, 2025
TALLADEGA, Al., Aug. 5, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Talladega Shopping Center, a 47,437-square-foot anchored retail center in Talladega, Alabama, for $2,435,000.
“This transaction reflects continued investor appetite for well-located, value-driven retail centers in secondary and tertiary markets,” said Eric Abbott, Director Investments. “We’re pleased to have generated multiple offers and delivered a great outcome for our client.”
Abbott and Marcus & Millichap’s Zachary Taylor represented the seller in the transaction, in association with Eddie Greenhalgh, the firm’s broker of record in Alabama.
Talladega Shopping Center, located at 803 Battle St. E, was built in 1981 and sits on a 3.6-acre lot. The center is 88% occupied and anchored by Citi Trends and Standard Furniture, both of which have occupied the site for more than a decade. Other tenants include Regional Finance, and a newly developed AT&T outparcel.
The property is in Talladega’s main retail corridor, adjacent to national retailers such as Walmart, Dollar General and Tractor Supply Co. It is also near major economic drivers including the Talladega Superspeedway and Honda Manufacturing of Alabama.
“This transaction reflects continued investor appetite for well-located, value-driven retail centers in secondary and tertiary markets,” said Eric Abbott, Director Investments. “We’re pleased to have generated multiple offers and delivered a great outcome for our client.”
Abbott and Marcus & Millichap’s Zachary Taylor represented the seller in the transaction, in association with Eddie Greenhalgh, the firm’s broker of record in Alabama.
Talladega Shopping Center, located at 803 Battle St. E, was built in 1981 and sits on a 3.6-acre lot. The center is 88% occupied and anchored by Citi Trends and Standard Furniture, both of which have occupied the site for more than a decade. Other tenants include Regional Finance, and a newly developed AT&T outparcel.
The property is in Talladega’s main retail corridor, adjacent to national retailers such as Walmart, Dollar General and Tractor Supply Co. It is also near major economic drivers including the Talladega Superspeedway and Honda Manufacturing of Alabama.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
