For Sale
$1,300,000

230 Davis Loop Oxford, AL 36203

High-Visibility Retail Center, 20,951 SF

Overview

Added:
Dec 11, 2024
Days on market:
137
This 20,951-square-foot retail shopping center in Oxford, Alabama, presents a compelling value-add investment opportunity. Located on 1.4 acres at 230 Davis Loop, the property boasts high visibility and convenient access to I-20. Currently, the center has three units with a 13.8% occupancy rate. The largest tenant, Timeless Treasures Antique (18,051 sq ft), will vacate upon closing, creating significant potential for lease-up. Two existing tenants, State Farm Insurance (1,700 sq ft) and Lavie Nails (1,200 sq ft), provide a stable base. The single-story, 1998-built Class B building features 9'6" side ceilings and 17' high ceilings in the center, along with LED lighting. The property is zoned CBD (Commercial Business District) and offers a gross lease structure with credit-rated tenants. Surrounding businesses include Lowe's, Harley Davidson, and numerous hotels and restaurants, ensuring high traffic and visibility. The asking price is $1,300,000, translating to $62.05 per square foot. This property is ideal for investors seeking to capitalize on a prime location and significant upside potential through lease-up.

Highlights

  • $1,300,000 asking price for a 20,951 square foot retail shopping center and storefront in Oxford, Alabama.
  • Value-add investment opportunity with a Class B designation, gross lease type, and credit-rated tenants.
  • Multi-tenant property with two current tenants (State Farm and Lavie Nails) occupying 2,900 square feet, and a soon-to-be-vacant 18,051 square foot space.
  • Located on 1.4 acres with high visibility and easy access to I-20, surrounded by other retailers and traffic generators.
  • Features 9'6" side ceilings and 17' center ceilings, and LED lighting.

Property Details for 230 Davis Loop

Property type
Lifestyle centers, Power centers
Square Feet
20,951 SF
Class
B
Year Built
1998
Buildings
1
Stories
1
Lot Size (sq. ft)
60,984 SF
Units
3

Location Insight

City
Oxford
County
Calhoun
State
Alabama
Latitude
33.61161950158
Longitude
-85.79359843429

FAQs

What type of property is this?
Lifestyle center - High-Visibility Retail Center, 20,951 SF
Where is the lifestyle center located?
The property is located at 230 Davis Loop Oxford, AL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: $1,300,000 asking price for a 20,951 square foot retail shopping center and storefront in Oxford, Alabama.; Value-add investment opportunity with a Class B designation, gross lease type, and credit-rated tenants.; Multi-tenant property with two current tenants (State Farm and Lavie Nails) occupying 2,900 square feet, and a soon-to-be-vacant 18,051 square foot space.
How can I contact the broker?
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230 Davis Loop
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