Saks Plaza (Grocery & Walgreens Anchored)

| Anniston | AL | 36201


Please enter your details to download the marketing package from "Documents" tab

Confidentiality agreement sub heading

I have read and agree to the Confidentiality Agreement


Property Details

  • Price: $ 3,711,525
  • Transaction Type: For Sale
  • Property Type: Retail
  • Building Size: 62,790 SF
  • Lot Size: 6.29 AC
  • Cap Rate: 8.00%
  • Year Built: 1983

Property Description

  • Low rent on Pic’nSav Cost Plus / Eagle Foods ($3.67 psf)
  • Walgreens just renewed for five years and rent to sales ratio is only 1.52% (all sales reported)
  • Rents have been kept low to maintain tenancy which is currently 100%
  • 62,790 sf on 6.29 acres with excellent visibility and 19,390 vehicles per day
  • 249 parking spaces and seven tenants with an average remaining lease term of approximately 4.2 Yrs.
  • Other tenants include Jennifer Nails, Marco’s Pizza, Check N Go, The Club Gym & Wells Fargo
  • Well maintained property with excellent tenant mix and historical occupancy
  • County Seat of Calhoun County located between Birmingham and Atlanta

HMX Realty Advisors presents for sale a grocery and drug store anchored shopping center in Anniston, Alabama, the County Seat. Walgreens just renewed for five additional years and guarantees the lease. The grocer, Pic’n Sav – Cost Plus / Eagle Foods rent is only $3.67 psf. Walgreens, which reports 100% of its sales, has a rent to sales ratio is only 1.52% and the lease has a corporate Walgreens guarantee. Other tenants in the shopping center include Jennifer Nails, Marco’s Pizza, Check N Go and The Club Gym, as well as a Wells Fargo ATM. Average remaining lease term is approximately 4.2 years all tenants included. There are no co-tenancy provisions however there is a restriction on pizza restaurants. Contact us for a detailed rent roll.


Share this property with your friends

Please type comma separated emails if you want to share these properties with multiple people.

Download Offering Memorandum


Download Offering Memorandum


Download Offering Memorandum


3D Tour

Offering Memorandum

Request Information

Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00


Income & Expenses



Total Expenses
$ 0.00
$ 0.00
Net Operating Income$0.00$0.00
Less Debt Service$0$0
Potential Net Cash Flow$0.00$0.00
Cash on Cash Return0.00 %0.00 %
Capitalization Rate0.00 %0.00 %

Rent Roll

Current Monthly Rent
Potential Monthly Rent
Lease Expires


$ 0.00

$ 0.00


Have A Question?

Please feel free to contact us with any questions you have about our services