Shopping Neighborhood

Ogletree Plaza

200 W Fort Williams St, Sylacauga, AL 35150

Listing Price: $3,775,000

Cap Rate
8.00%
Gross SF
96,247
Rentable SF
96,247
Price/Gross SF
$39.22
Lot Size
2.40 acres
Year Built
2002

Investment Overview

Marcus and Millichap is pleased to present the Ogletree Plaza, a 96,247 square foot Shopping Center. The offering is a Neighborhood Shopping Center located in the heart of Sylacauga, a picturesque town in the Birmingham, Alabama MSA. The property is located on W Fort Williams Street: the main East-West corridor in Sylacauga. Located two blocks north of the Coosa Medical Center, the areas largest employer, and employer majority of Sylacauga's residents, the property maintains all of the area's main economic drivers within the center's trade area.

Investment Highlights

  • 96,247 GLA
  • Current CAP Rate over 8%
  • 40% Vacancy Upside
  • Across Street from Markets Largest Employer
  • High Traffic Retail Center Along Major Artery

Broker of Record

  • Eddie Greenhalgh

    First Vice President Investments

    License(s): AL: 0000882980

    Alabama

Financing By

Listing Price: $3,775,000

Cap Rate
8.00%
Gross SF
96,247
Rentable SF
96,247
Price/Gross SF
$39.22
Lot Size
2.40 acres
Year Built
2002

Investment Highlights

  • 96,247 GLA
  • Current CAP Rate over 8%
  • 40% Vacancy Upside
  • Across Street from Markets Largest Employer
  • High Traffic Retail Center Along Major Artery

Investment Overview

Marcus and Millichap is pleased to present the Ogletree Plaza, a 96,247 square foot Shopping Center. The offering is a Neighborhood Shopping Center located in the heart of Sylacauga, a picturesque town in the Birmingham, Alabama MSA. The property is located on W Fort Williams Street: the main East-West corridor in Sylacauga. Located two blocks north of the Coosa Medical Center, the areas largest employer, and employer majority of Sylacauga's residents, the property maintains all of the area's main economic drivers within the center's trade area.

Broker of Record

  • Eddie Greenhalgh

    First Vice President Investments

    License(s): AL: 0000882980

    Alabama

Financing By

MM Texture Background
MM Textured Background Lower