708 Boll Weevil Cir Enterprise, AL 36330

This exceptional retail investment opportunity presents a 4,821 square foot storefront property, newly constructed in 2024, boasting 100% occupancy with a strong, e-commerce resistant tenant, McAlister's Deli. Located at 708 Boll Weevil Circle, Suites 1 & 2, Enterprise, AL 36330, this multi-tenant property sits on a 0.599-acre lot in a high-traffic retail corridor with 52,275 combined AADT. The property features a dedicated pick-up window for McAlister's and benefits from a highly functional footprint. Tenants are secured with new 10-year leases, including scheduled 10% rent bumps every five years, providing a strong hedge against inflation. The property offers a compelling 6.50% cap rate and a Net Operating Income (NOI) of $164,556, with an asking price of $2,532,000 ($525.20/sq ft). The surrounding area demonstrates robust demographics, with an average household income of $82,674 within a 5-mile radius and a population of 38,279. Nearby retail centers include the Enterprise Shopping Center (anchored by ALDI), Westgate Shopping Center (anchored by PetSense), and Park Place Shopping Center (anchored by a top-performing Publix). Other major retailers in the vicinity include Walmart Supercenter, Hobby Lobby, and Walgreens. The property's strategic location is further enhanced by its proximity to Fort Novosel, a major Army Aviation center generating a $1.2 billion annual economic impact.