Crossroads Plaza

1009 Crossroads Plaza Drive Moody, AL 35004

Moody
FOR SALE
Property Type:
Neighborhood Center
Amount:
$1,100,000
Last Verified:
Apr 08, 2024


Description

Tenant Overview:

Family Dollar- Family Dollar is a leading national dollar store chain and wholly-owned subsidiary of Dollar Tree. There are over 8,000 Family Dollar stores nationwide and over 15,000 locations with the combined total of Family Dollar and Dollar Tree Stores. Family Dollar is the second largest dollar store concept in the nation. This retailer is deemed an essential business, so they are open, operating, and ready to help with any customer needs.

1st Franklin Financial- Since 1941, 1st Franklin Financial has worked to provide financial solutions to their customers and their families. Today, with more than 315 loan offices in Georgia, Alabama, Tennessee, Louisiana, Mississippi and South Carolina, they continue to offer personal loans and financial solutions so their customers can reach their goals. They have five locations in the Birmingham MSA alone.

World Finance- Founded in 1962, World Finance has been helping people realize their financial goals by offering fixed rate and payment loan solutions. They have over 1,200 locations across the nation in 16 states with 7 in the Birmingham MSA. World Finance serves over 1 million customers a year.

Crossroads Plaza is located in Moody, AL, 15 miles east of Birmingham. The city enjoys regional access via Interstate 20. Since 2010 Moody has grown 14.5% and is now seeing a surge in the commercial growth as it catches up to the residential population. Crossroads Plaza is a neighborhood center positioned at a signalized intersection on Hwy 411, a major feeder road leading to I-20. The property has excellent visibility, access and parking.


Year Built: 2003
Building Size: 13900sq ft
Lot Size: 2.65 acres

Map of 1009 Crossroads Plaza Drive, Moody, AL, 35004

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.