Single-Tenant Vacant-User

Vacant Piggly Wiggly

79 Mill St, Cordova, AL 35550

Listing Price: $600,000

Rentable SF
10,000

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Vacant Piggly Wiggly located at 79 Mill Street, Cordova, AL 35550. The freestanding retail property consists of a 10,000 square foot building that is situated on roughly 1.10 acres of land. The subject property was built-to-suit for a grocery tenant in 2014. The subject property within close proximity to Walmart Supercenter, Aldi, and Winn-Dixie. The building is located near Interstate-22 with access to over 27,700+ vehicles per day. The subject property is located 32-miles northwest of Birmingham and 56-miles north of Tuscaloosa.

Investment Highlights

  • Former Piggly Wiggly Franchise paid $18,000 in Annual Rent
  • New Construction Built at the end of 2014 for Approximately $1,140,000
  • Priced well below construction cost at $60 per foot
  • Market Retail Rent is Approximately $8 per SF according to CoStar
  • Located near Interstate-22 with 27,700+ Vehicles Per Day
  • 20-Minute Drive to Walmart Supercenter, Aldis, & Winn-Dixie

Broker of Record

  • Eddie Greenhalgh

    First Vice President Investments

    License(s): AL: 0000882980

    Alabama

Single-Tenant Vacant-User

Vacant Piggly Wiggly

Listing Price: $600,000

Rentable SF
10,000

Investment Highlights

  • Former Piggly Wiggly Franchise paid $18,000 in Annual Rent
  • New Construction Built at the end of 2014 for Approximately $1,140,000
  • Priced well below construction cost at $60 per foot
  • Market Retail Rent is Approximately $8 per SF according to CoStar
  • Located near Interstate-22 with 27,700+ Vehicles Per Day
  • 20-Minute Drive to Walmart Supercenter, Aldis, & Winn-Dixie

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Vacant Piggly Wiggly located at 79 Mill Street, Cordova, AL 35550. The freestanding retail property consists of a 10,000 square foot building that is situated on roughly 1.10 acres of land. The subject property was built-to-suit for a grocery tenant in 2014. The subject property within close proximity to Walmart Supercenter, Aldi, and Winn-Dixie. The building is located near Interstate-22 with access to over 27,700+ vehicles per day. The subject property is located 32-miles northwest of Birmingham and 56-miles north of Tuscaloosa.

Broker of Record

  • Eddie Greenhalgh

    First Vice President Investments

    License(s): AL: 0000882980

    Alabama

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