For Auction

Value-Add Garage/Mechanic | Signalized Intersection | High Traffic Count

18 East 11th Street,
Anniston, AL 36201Represented by
Matthews REIS

Asset Snapshot

Real Estate
Asset Type
Retail
Property Type
Freestanding Retail
Retail Subtype
1972
Year Built
1
Floor Count
0.36 Acres
Land Area
Occupancy As Of
7,875 SF
Property Size

Offering Summary

Investment Highlights

  • High visibility corner lot placement at a signalized intersection with ±14,818 vehicles per day (VPD)
  • Convenient accessibility through Quintard Avenue (±38,490 VPD) and Alabama Highway 202 (±13,849 VPD)
  • Central location in Downtown Anniston with a host of national & local retailers, public service facilities, and healthcare establishments  
  • Flexible investment strategy through a owner-operator approach or lease-up to prospective tenants to maximize investment returns
 

Offering Details

Matthews Real Estate Investment Services and RI Marketplace are pleased to present this Value-Add Retail | Signalized Intersection | High Traffic Count (the "Property"), a 7,875 SF freestanding retail opportunity located in the heart of Anniston, Alabama. The Property features an excellent corner lot placement at a signalized intersection with ±14,818 VPD through the immediate road and offers ease of accessibility through Quintard Avenue (±38,490 VPD) and Alabama Highway 202 (±13,849 VPD) based on information provided by the Alabama Department of Transportation (ALDOT). In addition, the Property is within close vicinity to a host of retailers (CVS, Walgreens), public service facilities (Circuit Court, Social Security Administration), and healthcare establishments (Regional Medical Center, Noland Hospital). Previously operated as a Bridgestone automobile parts manufacturing and servicing facility, the Property provides opportunistic investors with the ability to pursue an owner-operator strategy or lease-up for long-term cash flow in its current condition. 

Due Diligence

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Daniel Culps
c/o Fisher Auction Company Inc.
License: 5070

Need Help?

Your transaction managers are your first point of contact for any auction or process questions. For additional support:

info@rimarketplace.com800-915-7015

Call For More Information

This auction has ended. Interested in additional investment opportunities?

Investment Sales Broker

Kyle L Matthews
Matthews REIS
AL License: 110253
(615) 483-3480alabama.listings@matthews.com

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.