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2215 Danville Rd SW
Decatur, AL 35601

$2,500,000 USD

General Retail For Sale  •  15,000 SF

Property Details

  • Property Type General Retail
  • Total Building Size 42,042 SF
  • Lot Size 4.12 AC
  • Building Class B
  • Year Built 1977
  • Cap Rate 5.80 %
  • Tenancy Multiple
0 Transit Score
62 Walk Score

Highlights

Value-Add Investment Potential – The asset presents notable upside through the lease-up of existing vacancy and the ability to capitalize on accelerat
Turnkey Space Availability – All suites were updated with build-outs upon tenant occupancy, offering new tenants move-in ready spaces. This minimizes
Significant Capital Improvements – In 2020, the ±15,952 SF Farmers Home unit underwent a $400,000 renovation, including installation of new HVAC with
Additionally, a new roof was installed for the Farmers Home space at a cost of $57,000.
High Visibility and Traffic Counts – Positioned along Danville Road SW, a five-lane arterial connecting to Beltline Road SW (±26,400 VPD) the property
Strategic Proximity to Schools and Residential Base – Adjacent to a junior high school and near Austin High School, the center sees consistent daily t
Cap Rate: 5.80 %

Major Tenants

Tenant SF Occupied Lease End Date
Farmers Home Furniture
Security Finance
Simply Delicious Bakery And Eatery
Sky Down Aerial Service LLC

Public Transportation

AirportDriveWalkDistance
Huntsville International-Carl T Jones Field 30 min - 19.3 mi
Caroline Crain 256-251-2667 Matthews Real Estate Investment Services
Caroline Crain 256-251-2667 Matthews Real Estate Investment Services