Brewton Shopping Center

Price: $4,566,267
Sq. Ft.: 30,027
Cap Rate: 8.38%
Built: 2009
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Marcus & Millichap is pleased to present the opportunity to acquire a 30,007-square-foot, multi-tenant retail center located in Brewton, Alabama. Brewton Shopping Center is currently 100 percent leased, and 100 percent of the leases are triple-net leases. The center is comprised of two multi-tenant buildings: a 26,720-square-foot building featuring Dollar Tree, Amedisys Home Health Care, Hibbett Sports, CATO, New World Nails, 1st Franklin Financial, and ALFA Insurance; and a 3,307-square-foot building leased to AT&T, World Finance, and Vape City. The subject property is comprised of two land parcels totaling 6.02 acres and has ample paved parking and highly visible double-sided pylon signage that provides additional exposure to the center.

Shadow-anchored by Walmart Supercenter, Brewton Shopping Center is located on Douglas Avenue/US-31, a major north-south thoroughfare in the city. Traffic counts in front of the property exceed 13,000 vehicles per day. The subject property is shadow-anchored by Walmart Supercenter and near other national and regional retailers including Whataburger, Murphy Express, Tom Thumb, Taco Bell, Sonic Drive-In, Roses Express, Dirt Cheap, Verizon, Subway, Walgreens, Tractor Supply Co., Dollar General, Aaron’s Furniture Store, Sherwin-Williams, and many more. Brewton Center is also near Dogwood Hills Golf Course and T.R. Miller High School providing additional traffic to the area.

  • 30,027-Square-Foot, Multi-Tenant Retail Center | Shadow-Anchored by Walmart Supercenter
  • 100% Leased | 100% of the Gross Leasable Area has Triple-Net Leases
  • Strong Tenant Lineup Anchored by Dollar Tree | 84% of the Gross Leasable Area has National or Regional Credit Tenants
  • Property is Comprised of Two Multi-Tenant Buildings and Two Land Parcels Totaling 6.02 Acres
  • Double-Sided Pylon Sign Provides Additional Exposure to the Center
  • Signalized, Hard Corner Location at the Intersection of Douglas Avenue/US-31 and Old Castleberry Road | Easily Accessible from Multiple Ingress and Egress Points
  • Traffic Counts in Front of the Property Exceed 13,000 Vehicles per Day
  • Near Other National Retailers Including Tom Thumb, Tractor Supply Co., Walgreens, Dollar General, Aaron’s, Dirt Cheap, O’Reilly Auto Parts, and More
  • Four Miles North of Coastal Alabama Community College | Home to 6,600+ Students
  • The City of Brewton is Located in South Central Alabama, Approximately One Hour North of the Gulf Coast Beaches, a Popular Tourist Destination
  • Priced at $152 Per Square Foot