Westmeade Plaza- Decatur, AL

Value-Add Investment Potential – The asset presents notable upside through thelease-up of existing vacancy and the ability to capitalize on accelerating rental rategrowth within the improving Decatur submarket.
Turnkey Space Availability – All suites were updated with build-outs upon tenantoccupancy, offering new tenants move-in ready spaces. This minimizes leasingdowntime and reduces initial capital outlay for build-to-suit improvements.
Significant Capital Improvements – In 2020, the ±15,952 SF Farmers Home unitunderwent a $400,000 renovation, including installation of new HVAC with remoteinternet control, upgraded interior finishes (paint, ceiling tile), expanded officespace, and comprehensive updates to plumbing, restrooms, and wiring.
○ Additionally, a new roof was installed for the Farmers Home space at a costof $57,000.
High Visibility and Traffic Counts – Positioned along Danville Road SW, a five-lanearterial connecting to Beltline Road SW (±26,400 VPD) the property benefits fromstrong daily exposure.
Strategic Proximity to Schools and Residential Base – Adjacent to a junior highschool and near Austin High School, the center sees consistent daily traffic drivenby school activity and the surrounding residential neighborhoods.
Nearby National Retail Co-Tenancy – National retailers including McDonald’s andWalgreens are located one block away at the Beltline/Danville intersection, withSonic Drive-In directly adjacent to the subject property, further enhancingconsumer draw.
Complementary Hospitality Presence – The recently renovated Comfort Inn &Suites directly across the street supports steady visitor traffic and synergies withnearby retail.
Strong Regional Growth Trends – Decatur benefits from its proximity toHuntsville, one of the Southeast’s fastest-growing metropolitan areas. Spilloverdemand from Huntsville is driving increased commercial activity, supportinglong-term value appreciation in Decatur.Investment Highlights

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Hutt Cooke