Prime neighborhood retail asset totaling 19,683 SF along Oakwood Ave. The established center offers strong visibility, steady daily traffic, & reliable customer flow driven by dense surrounding rooftops, schools, churches, & service businesses. Current NOI is approximately $151,869, reflecting an 8.4% cap rate. Many existing rents are significantly below market, allowing a new owner immediate value-add potential. Minutes from Memorial Parkway, University Dr, & downtown, the property is well positioned for long-term demand.
Listed By
Agency Name: Capstone Realty
Shown By
Agency Title: Newcastle Homes
Agency Phone: 205-671-2931