Grocery Shadow Anchored Retail
$595,000
2617 W Meighan Blvd, Gadsden, AL 35904
Cap Rate
N/A
Square Feet
9216
Year Built/Renovated
1982
INVESTMENT HIGHLIGHTS
• Previously High Volume Dollar General Store | Excellent Sales | National Tenants in Surrounding Area
• Great Location | Traffic Volume 21,090 VPD on West Meighan Boulevard and North 22nd Street SW
• Average Population 44,477 Within a 5-Mile Radius
• Approximately One Hour Away From Birmingham, Alabama | Average Population Nearly 200,000
PROPERTY DESCRIPTION
Marcus & Millichap is pleased to exclusively list for sale an approximately 9,000-square foot retail space, situated in a big box anchored shopping center located at 2617 West Meighan Boulevard in Gadsden, Alabama.
This property is located along Meighan Boulevard, the town’s main thoroughfare featuring over 21,000 vehicles per day. This retail corridor offers straight access to national tenants such as Walmart, Chick-fil-A, Lowe’s, and more. Meighan Boulevard is also within immediate proximity to Interstate 759 and Interstate 59, connecting Gadsden to the surrounding counties.
This space is ideal for a dollar store serving the regional area of over 350,000 residents, with an average annual household income of $48,115. The space is also adjacent to popular local tenants such as Little Caesar’s Pizza, Fresh Value Grocery Store, Metro by T-Mobile, and Badcock Home Furniture.
