Shopping Strip
Brewton Shopping Center
2570 Douglas Ave, Brewton, AL 36426
Listing Price: $4,566,267
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a 30,007-square-foot, multi-tenant retail center located in Brewton, Alabama. Brewton Shopping Center is currently 100 percent leased, and 100 percent of the leases are triple-net leases. The center is comprised of two multi-tenant buildings: a 26,720-square-foot building featuring Dollar Tree, Amedisys Home Health Care, Hibbett Sports, CATO, New World Nails, 1st Franklin Financial, and ALFA Insurance; and a 3,307-square-foot building leased to AT&T, World Finance, and Vape City. The subject property is comprised of two land parcels totaling 6.02 acres and has ample paved parking and highly visible double-sided pylon signage that provides additional exposure to the center.
Shadow-anchored by Walmart Supercenter, Brewton Shopping Center is located on Douglas Avenue/US-31, a major north-south thoroughfare in the city. Traffic counts in front of the property exceed 13,000 vehicles per day. The subject property is shadow-anchored by Walmart Supercenter and near other national and regional retailers including Whataburger, Murphy Express, Tom Thumb, Taco Bell, Sonic Drive-In, Roses Express, Dirt Cheap, Verizon, Subway, Walgreens, Tractor Supply Co., Dollar General, Aaron’s Furniture Store, Sherwin-Williams, and many more. Brewton Center is also near Dogwood Hills Golf Course and T.R. Miller High School providing additional traffic to the area.
Investment Highlights
- 30,007-Square-Foot, Multi-Tenant Retail Center | Shadow-Anchored by Walmart Supercenter
- 100% Leased | 100% of the Gross Leasable Area has Triple-Net Leases
- Strong Tenant Lineup Anchored by Dollar Tree | 84% of the Gross Leasable Area has National or Regional Credit Tenants
- Property is Comprised of Two Multi-Tenant Buildings and Two Land Parcels Totaling 6.02 Acres
- Signalized, Hard Corner Location at the Intersection of Douglas Avenue/US-31 and Old Castleberry Road | Easily Accessible from Multiple Ingress and Egress Points
Broker of Record
Listing Price: $4,566,267
Investment Highlights
- 30,007-Square-Foot, Multi-Tenant Retail Center | Shadow-Anchored by Walmart Supercenter
- 100% Leased | 100% of the Gross Leasable Area has Triple-Net Leases
- Strong Tenant Lineup Anchored by Dollar Tree | 84% of the Gross Leasable Area has National or Regional Credit Tenants
- Property is Comprised of Two Multi-Tenant Buildings and Two Land Parcels Totaling 6.02 Acres
- Signalized, Hard Corner Location at the Intersection of Douglas Avenue/US-31 and Old Castleberry Road | Easily Accessible from Multiple Ingress and Egress Points
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a 30,007-square-foot, multi-tenant retail center located in Brewton, Alabama. Brewton Shopping Center is currently 100 percent leased, and 100 percent of the leases are triple-net leases. The center is comprised of two multi-tenant buildings: a 26,720-square-foot building featuring Dollar Tree, Amedisys Home Health Care, Hibbett Sports, CATO, New World Nails, 1st Franklin Financial, and ALFA Insurance; and a 3,307-square-foot building leased to AT&T, World Finance, and Vape City. The subject property is comprised of two land parcels totaling 6.02 acres and has ample paved parking and highly visible double-sided pylon signage that provides additional exposure to the center. Shadow-anchored by Walmart Supercenter, Brewton Shopping Center is located on Douglas Avenue/US-31, a major north-south thoroughfare in the city. Traffic counts in front of the property exceed 13,000 vehicles per day. The subject property is shadow-anchored by Walmart Supercenter and near other national and regional retailers including Whataburger, Murphy Express, Tom Thumb, Taco Bell, Sonic Drive-In, Roses Express, Dirt Cheap, Verizon, Subway, Walgreens, Tractor Supply Co., Dollar General, Aaron’s Furniture Store, Sherwin-Williams, and many more. Brewton Center is also near Dogwood Hills Golf Course and T.R. Miller High School providing additional traffic to the area.
Broker of Record
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Eddie Greenhalgh
Senior Vice President Investments