Lot Size
13.32 Acres
Year Built
1992, 1997 & 1999/2026
300-334 E Meighan Blvd, Gadsden, AL, 35903
Coosa Town CenterMarket to Establish
Key Information
Type
Shopping Centers
Occupancy
90%
NOI
$1,281,009
Leasable Area
105,979
Highlights
- Best-in-market retail destination, which is home to a synergistic mix of national credit anchors
Including T.J.Maxx, Burlington, and Old Navy
- Shadow-anchored by an extremely high performing regional draw — Walmart Supercenter
Ranked the #15 store of 102 in Alabama (top 14%) for consumer foot traffic and in the top 22% in the entire U.S. (Placer.ai)
- Strategically positioned within the heart of Gadsden’s retail nucleus, on the east side of the downtown area
Fronting E Meighan Blvd (US-431) and surrounded by major retailers like Hobby Lobby, Ross, Five Below, Ulta, Walmart Supercenter, Aldi, Academy Sports, and Lowe’s
- Extremely strong tenant roster comprised of over 87% national retail tenants
Providing ample stability while also facilitating buyer ability to secure attractive financing, if required
- Very advantageous average remaining anchor lease term of 7 years
Bolstered by T.J.Maxx, which recently renewed for 10 years through 2035, and a new 10-yr lease with Burlington
- Main & Main High Traffic Location with Strong Shopping Center Fundamentals
Including solid visibility and frontage along US-431 with 58,620 combined VPD, a position between two signalized intersections, cross-access with Walmart — a major regional consumer draw, prominent signage, a signalized main entrance, ample parking, and ease of access
- Excellent value creation opportunity via the back-fill of a 10,600+ SF junior anchor box with active interest
Building on strong momentum via Burlington’s new 10-yr lease, occupying 19,400+ SF of space
Photos
Location
Agents
K
Kyle StonisLicense # 265771 (GA)
P
Pierce MaysonLicense # 306418 (GA)
Broker of Record
Hutt Cooke
License # 000168807-0, 000110253 - 0 (AL)Matthews Real Estate Investment Services, Inc1600 West End Ave, Ste. 1500 Nashville, TN 37203