Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a fee simple interest in The Anniston Retail Center, a 62,506 square-foot, multi-tenant retail center in Anniston, AL. Positioned on a 5.65 Acre parcel, the property is fully stabilized with a strong mix of national retailers including Tractor Supply Co., NAPA Auto Parts, Cato, and Dollar Tree. Both Cato and Dollar Tree have recently extended their lease term, demonstrating long-term commitment to the location. The Anniston Retail Center is Shadow Anchored by a high performing 24-hour Walmart Supercenter, drawing consistent traffic to the immediate area. The property is strategically located along McClellan Blvd, Anniston’s main retail throughfare with over 29,000 VPD. The Center also benefits from proximity to Highway 431, which sees over 51,000 VPD at the intersection. The property also presents an attractive financing component, with the ability to assume the existing loan of $2,041,000 at a 3.875% fixed interest rate until February 2033. A compelling alternative to today’s elevated borrowing environment. Other Notable Retailers in the area include McDonalds, Taco Bell, Lowe’s, Aldi, Advance Auto Parts, AutoZone, Harbor Freight, and More.