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Shopping Strip

Fully Occupied TSC & Dollar Tree Anchored Center | Shadow-Anchored to 24-Hr Walmart Supercenter”

5500 McClellan Blvd, Anniston, AL 36206

Listing Price: $5,306,640

Cap Rate
6.25%
Rentable SF
62,506
Lot Size
5.65 acres
Year Built
1972

Investment Overview

Marcus & Millichap is pleased to present for sale, Anniston Center, located at 550 McClellan Boulevard in Anniston, Alabama. This 5-Tenant retail center consists of one building comprised of 62,506 square feet of retail space and is situated on a large 5.65-acre parcel of land which provides potential for an outparcel development opportunity. The entire tenant lineup consists of National Credit Tenants including CATO and Napa Auto Parts, while being anchored by Dollar Tree and Tractor Supply. The center is located on a major commercial corridor and is shadow-anchored by a 24-hour Walmart Supercenter. Strategically located along McClellan Boulevard, a major North-South thoroughfare, the property is highly visible to more than 22,898 vehicles per day. The immediate trade area is also home to a number of National and Regional retailers including but not limited to Walmart, McDonalds, Krystal, Arby’s, Circle K, Lowe’s Home Improvement, Big Lots, Zaxby’s, Scooters, Verizon, Murphy USA, Sonic, Advance Auto Parts, and numerous others. There is also a newly developed Aldi’s which just recently opened for business in June across the street from the center.

Investment Highlights

  • Fully Occupied | 88% by National Tenants
  • Shadow-Anchored by 24-Hour Walmart Supercenter
  • Excellent Visibility Along Heavily Trafficked Retail Corridor | 22,898 Vehicles Per Day
  • Weighted Average Lease Term of the Anchor Tenants is Ten Years
  • Long-Term Operating History
  • Dollar Tree (NASDAQ: DLTR) and Tractor Supply Co. (NASDAQ: TSC) Account for 63% of Income Stream

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Shopping Strip

Fully Occupied TSC & Dollar Tree Anchored Center | Shadow-Anchored to 24-Hr Walmart Supercenter”

Listing Price: $5,306,640

Cap Rate
6.25%
Rentable SF
62,506
Lot Size
5.65 acres
Year Built
1972

Investment Highlights

  • Fully Occupied | 88% by National Tenants
  • Shadow-Anchored by 24-Hour Walmart Supercenter
  • Excellent Visibility Along Heavily Trafficked Retail Corridor | 22,898 Vehicles Per Day
  • Weighted Average Lease Term of the Anchor Tenants is Ten Years
  • Long-Term Operating History
  • Dollar Tree (NASDAQ: DLTR) and Tractor Supply Co. (NASDAQ: TSC) Account for 63% of Income Stream

Investment Overview

Marcus & Millichap is pleased to present for sale, Anniston Center, located at 550 McClellan Boulevard in Anniston, Alabama. This 5-Tenant retail center consists of one building comprised of 62,506 square feet of retail space and is situated on a large 5.65-acre parcel of land which provides potential for an outparcel development opportunity. The entire tenant lineup consists of National Credit Tenants including CATO and Napa Auto Parts, while being anchored by Dollar Tree and Tractor Supply. The center is located on a major commercial corridor and is shadow-anchored by a 24-hour Walmart Supercenter. Strategically located along McClellan Boulevard, a major North-South thoroughfare, the property is highly visible to more than 22,898 vehicles per day. The immediate trade area is also home to a number of National and Regional retailers including but not limited to Walmart, McDonalds, Krystal, Arby’s, Circle K, Lowe’s Home Improvement, Big Lots, Zaxby’s, Scooters, Verizon, Murphy USA, Sonic, Advance Auto Parts, and numerous others. There is also a newly developed Aldi’s which just recently opened for business in June across the street from the center.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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