North Broadway Avenue Strip Center – Sylacauga, AL

Buddy’s, Family Dollar, Liberty Tax, T-Mobile
20-30 N Broadway Ave, Sylacauga, AL 35150, USA

Sands Investment Group is pleased to exclusively offer a multi-tenant retail strip center totaling 26,700 SF, located on a 1.66 acre lot along North Broadway Avenue, a primary commercial corridor in Sylacauga. The center is 100% occupied by 6 tenants, including 4 national franchise tenants (Family Dollar, T-Mobile, Buddy’s, and Liberty Tax), providing stable and predictable cash flow. The property offers 85 parking spaces, excellent visibility, and easy access from the main road, enhancing tenant exposure and convenience for shoppers. Currently generating $131,628 in annual NOI, the asset is offered at a 7.31% CAP Rate, presenting a solid income-producing investment with upside potential.

  • The property is located in the heart of Sylacauga, Alabama, along North Broadway Avenue, a primary commercial corridor serving the downtown and surrounding areas.
  • The site benefits from excellent visibility and accessibility to local traffic and connects easily to AL-21, the city’s main thoroughfare, providing access to nearby communities and regional markets.
  • Sylacauga is a well-established community known for its stable residential base, local commerce, and manufacturing sector, including its nationally recognized marble industry.
  • The tenant mix consists of 4 national franchise tenants (Family Dollar, T-Mobile, Buddy’s, and Liberty Tax) providing stable and predictable cash flow.
  • This location offers high exposure, convenient access, and long-term market stability, making it an attractive site for retail or commercial investment.
  • This 26,700 SF multi-tenant retail strip center with 25,990 SF of rentable space is 100% occupied by 6 tenants, including 4 national tenants, with annual rent escalations and lease options in place.
  • Situated on a 1.66 acre lot with 85 parking spaces, the property offers excellent visibility and easy access from North Broadway Avenue.
  •  Generating $131,628 in annual NOI and offered at a 7.31% CAP Rate, this center provides stable cash flow and long-term upside.

BoR: Andrew Ackerman – Lic. AL #1089690

Price

$1,800,000

Cap Rate

7.31%

PREMISES

26,700 SF

YEAR BUILT

1960

RENEWAL OPTIONS

Varies

Lease Expiration

Varies

RENTAL INCREASES

Varies

BROKERS

Andrew S. Ackerman
Atlanta

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