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1217 Point Mallard Pky
Decatur, AL 35601

$6,550,000 USD

General Retail For Sale  •  8,713 SF

Property Details

  • Property Type General Retail
  • Total Building Size 14,010 SF
  • Lot Size 3.08 AC
  • Building Class C
  • Year Built 2010
  • Tenancy Single
40 Walk Score

Highlights

Three Single-Tenant, Net-Leased Assets Leased to LongHorn Steakhouse, Regions Bank & AT&T
Significantly Below-Market In-Place Rents — LongHorn at $18.35/ SF and Regions at $29.02/SF | Enhances Rent Coverage and Offers Mark-to-Market Upside
57,294 Cars/Day at Signalized Intersection of US-31 & RT-67
14,010 Total SF Across Three Buildings | Constructed between 2008-2010 on Over 3 Acres
2 of 3 Buildings/Tenants (75% of GLA) on Absolute-NNN Ground Leases with Zero Landlord Roof/Structure Obligations
4 Miles Down RT-67 to I-65 Exit Ramps (Primary Highway thru Region; 887 Miles Long from Chicago to Gulf of Mexico)

Public Transportation

AirportDriveWalkDistance
Huntsville International-Carl T Jones Field 30 min - 18.9 mi
Scott Wiles 216-264-2000 Marcus & Millichap
Scott Wiles 216-264-2000 Marcus & Millichap