Confidentiality Agreement

Confidentiality agreement sub heading

I have read and agree to the Confidentiality Agreement

Agreement

Share this property with your friends

Please type comma separated emails if you want to share these properties with multiple people.

Submit Offer

Publix

2614 S. McKenzie St., Foley, AL, 36535
For Sale

Property Details

  • Price: $10,908,000
  • Property Type: Retail
  • Availability: Recently Sold
  • Transaction Type: For Sale
  • Cap Rate: 5.50%
  • Lot Size: 6.69 AC
  • Lease Type: NN
  • Year Built: 2019
  • Parking: 244
  • Tenancy: Single Tenant
  • Available SF: 48,387 SF

Property Description

SECURE STREAM OF INCOME

  • High-Performing Location with Sales in Excess of $800/SF – Mature store ranking in top 94th percentile of Publix Markets in Alabama
  • Rare Freestanding Publix with 14 Years Remaining – Limited landlord responsibilities
  • Corporate Guaranteed Lease with Fortune 500 Company – Over 1,400 locations across the Southeast employing over 260,000 people

PROXIMITY

  • Part of Foley Riviera Square and Co-Anchored by Ross, Marshalls, HomeGoods, and Academy Sports – Additional tenants include T.J. Maxx, Five Below and PetSmart
  • Foley Riviera Square Ranks in the 95th Percentile of Neighborhood Centers Nationwide (Placer.ai) – Ranks in the 97th percentile in Alabama with over 3.3 million annual visitors
  • 38,769 VPD Along Main Retail Artery  – Across from Tanger Outlet Mall (555k SF) and adjacent to Walmart Supercenter
  • Dense Regional Trade Area within Largest County in Alabama – 6th fastest growing MSA in the nation, 8.4 million annual visitors to Alabama Gulf Coast

Download File

Download File

Download Offering Memorandum

3D Tour

Offering Memorandum
Share this property

Request Information


Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

 

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

>