Shopping Neighborhood
Hueytown Plaza
145 Hueytown Plaza, Hueytown, AL 35023
Listing Price: $2,750,000
Investment Overview
This is a staple neighborhood center situated in the heart of Hueytown. The property contains two strong
national tenants, along with 6 other tenants. The tenant mix includes a diverse mix of beauty stores, a grocery store, a bank, and a restaurant. This mix allows for each tenant to benefit from one another and proves to make this center a one stop shop for local residents. The property has a strong in place income and is priced at nearly a 9% cap rate, and is priced well below the replacement cost at only $66/SF.
Broker of Record
Listing Price: $2,750,000
Investment Highlights
- Fully Occupied Neighborhood Center
- Grocery Anchored With Multiple National Tenants
- Nearly a 9% Cap Rate
- Priced Far Below Replacement Cost at Only $66 per Square Foot
Investment Overview
This is a staple neighborhood center situated in the heart of Hueytown. The property contains two strong national tenants, along with 6 other tenants. The tenant mix includes a diverse mix of beauty stores, a grocery store, a bank, and a restaurant. This mix allows for each tenant to benefit from one another and proves to make this center a one stop shop for local residents. The property has a strong in place income and is priced at nearly a 9% cap rate, and is priced well below the replacement cost at only $66/SF.
Broker of Record
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Eddie Greenhalgh
Senior Vice President Investments
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