Russellville Marketplace 10 Year Harbor Freight Lease
- 15485 Hwy 43, Russellville, AL
Price
$4,880,000
Cap Rate
7.5%
Occupancy
92%
GLA
57,420 SF
Lot Size
8.13 AC
Year Built
1981
LISTING BROKER
Brandon Hakimi
Director of Investment Sales
Investment Highlights
- Russellville Marketplace is a busy community shopping center which comprises of four prominent national tenants: Burke’s, Harbor Freight, Hibbett Sports, and Dollar Tree
- Harbor Freight recently signed a lease for a duration of 10 years while all other tenants have been at this center since 2006-2009
- The center offers great access and visibility from the Highway 43, the highest trafficked road in the market with over 13,000 vehicles per day
- Nearby retailers include AT&T, McDonald’s, Subway, Captain D’s, Dollar Tree, Burger King, and more
- Pylon signage
- 4,500 SF vacant suite in the rear of the center
- 1 AC outparcel available for development