Multi-Tenant Retail Center US-Hwy. 331 Luverne, AL
1390 S Forest Ave
Luverne, AL 36049
FOR SALE
FOR LEASE
Property Type:
Strip CenterAmount:
$499,000
Last Verified:
Dec 23, 2024Daily Email Blast
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Highlights
Description
Investment Opportunity: This multi-tenant retail center with State Farm anchor tenant is located on high-traffic US Hwy. 331, with a 2023 AADT of 12,695 VPD. The building is approximately 4,800 sq. ft. with four +- 1,200 sq. ft. retail suites (75% occupancy). Positioned across from Ramey’s Marketplace and near AutoZone, Luverne Parks & Recreation, DG Market, McDonald's, Jack's, Roses and more.
1,200 Sq. Ft. end-unit with pick up window on Hwy. 331 with great visibility, easy access and high traffic counts (12,695 VPD). Previously occupied by Subway and Fountain Bar & Grill, this versatile space is well-suited for restaurant, café, or retail use.
Located on US Hwy. 331 at 1390 S. Forest Ave, Luverne, AL
Year Built: 1993
Building Size: 4800sq ft
Lot Size: 0.36 acres
Documents
Lease Flyer 1390 S. Forest Ave, Luverne, ALUnits for Lease
1,200 Sq. Ft. Retail Space
Space Available: 1200 SF
Lease Type: Modified Gross
Price Per Sqft/Month: $1250.00