For Lease
$30,000/SF/YR

505 Forrest Ave Brewton, AL 36426

High-traffic corner lot retail space available.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 3,793 square foot retail property, situated on a one-acre corner lot in Escambia County, presents a unique investment opportunity. The building, constructed in 1964 and classified as Class B, features a single-tenant occupancy with a total of 3,793 square feet. Currently, 3,034 square feet are available for lease at a rate of $2,500 per month, while the remaining 759 square feet are occupied under a separate lease. The property boasts significant road frontage, with 234 feet along Forest Avenue and 369 feet along Shoffner Street, providing excellent visibility and accessibility. The strategic location benefits from high daily traffic counts of 12,377 vehicles (2022 data). The B-2 zoning designation allows for a variety of local business uses. This single-story building offers a versatile space ideal for a range of retail ventures. The property's prominent corner location and substantial road frontage make it an attractive option for businesses seeking high visibility and accessibility. The existing tenant provides a stable income stream, while the significant vacant space offers considerable potential for expansion or new tenancy. This is a rare opportunity to acquire a well-located retail property with strong potential for growth and return on investment.

Highlights

  • Retail property totaling 3,793 square feet.
  • Single-tenant, 3,034 square feet available for lease; 759 square feet leased.
  • Located on a one-acre corner lot in Escambia County.
  • Features 603 feet of combined road frontage.
  • 2022 AADT of 12,377 vehicles.
  • B-2 zoning.

Property Details for 505 Forrest Ave

Property type
Retail properties, Banks
RSF (Rentable sq. ft)
3,793 SF
Class
B
Year Built
1964
Buildings
1
Stories
1

Unit(s) available at that property

Space
Available Space
Size
3,034 SF
Rate per SF
$30,000

Location Insight

City
Brewton
County
Escambia
State
Alabama
Latitude
31.0956882
Longitude
-87.0623871

FAQs

What type of property is this?
Retail property - High-traffic corner lot retail space available.
Where is the retail property located?
The property is located at 505 Forrest Ave Brewton, AL.
What is the lease rate?
The lease rate is $30,000/SF/YR.
What are key features of this property?
This property features: Retail property totaling 3,793 square feet.; Single-tenant, 3,034 square feet available for lease; 759 square feet leased.; Located on a one-acre corner lot in Escambia County.
How can I contact the broker?
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505 Forrest Ave
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