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Weiss Lake Plaza Retail Investment For Sale in Centre, Alabama

1460 W Main St, Centre, Alabama, 35960

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* FOR SALE

$4,950,000

MLS: 01066-010100

9. Acres

99,450 SqFt

What You Should Know

  • $4.35M Grocery-Anchored Hub

  • 99,000+ Sq. Ft. Retail Space

  • 12,000+ Vehicles Per Day

  • Stable Pic-N-Sav Anchor

  • USDA & H&R Block Tenants

  • New Roof & Fresh Paint

  • Near Walmart Supercenter

  • New Parking Seal & Stripe

Why You'll Love It

Prime Investment Opportunity: $4,350,000 Grocery-Anchored Shopping Center

Cherokee County’s Premier Retail Hub | 99,000+ Sq. Ft. Leasable Space

Seize a rare opportunity to acquire a stabilized, high-performing retail asset in the heart of Cherokee County’s primary commercial corridor. Priced at $4,350,000, this expansive shopping center offers investors a strategic mix of recession-resistant anchors and diverse service-based tenants.


Property Overview

This meticulously maintained center consists of three separate buildings totaling over 99,000 square feet of leasable space. Positioned in a high-traffic area with average daily counts exceeding 12,000 vehicles per day, the property enjoys maximum visibility and constant consumer flow.

Key Financial & Physical Specs:

  • Price: $4,350,000

  • Total Square Footage: 99,000+ sq. ft.

  • Occupancy Strategy: Grocery-anchored with a mix of federal and national tenants.

  • Buildings: 3 Distinct structures providing flexible leasing options.


Elite Tenant Mix & Neighborhood Synergy

The center is anchored by the high-traffic Pic-N-Sav Grocery, ensuring daily essential foot traffic. The stability of the asset is further bolstered by long-term, "sticky" tenants including:

  • USDA Office: Providing a stable, government-backed presence.

  • H&R Block: A household name in professional services.

The property is situated in an "A+" retail location, sharing a neighborhood with heavy hitters that drive regional commerce:

  • National Neighbors: Walmart Supercenter, Ingles Market, O’Reilly Auto Parts, and Taco Bell.

  • Community Integration: Located within immediate proximity to several municipal service providers, making this the go-to destination for local residents.


Recent Capital Improvements

Move forward with confidence knowing the heavy lifting has already been done. This property has undergone significant recent upgrades to enhance its "curb appeal" and reduce immediate CAPEX requirements:

  • Roofing: Recent replacement/major repairs for long-term durability.

  • Parking Lot: Newly striped and sealed, providing a fresh, professional look.

  • Modern Aesthetics: Fresh exterior paint across the complex.

  • HVAC Systems: Multiple unit replacements to ensure energy efficiency and tenant comfort.


Location Highlights

  • Visibility: Exceptional frontage in Cherokee County’s primary retail district.

  • Accessibility: High vehicle-per-day (VPD) counts with easy ingress/egress.

  • Demographics: Located in a central hub serving as the primary shopping destination for the surrounding community.

Investment Summary: This is a turnkey opportunity for an investor seeking a high-yield, grocery-anchored asset with a proven track record, national tenant synergy, and updated infrastructure.


Contact us today for a full offering memorandum and to schedule a private tour.

Where You'll Find It

  • Street Address: 1460 W Main St
  • City: Centre
  • State: Alabama
  • County: Cherokee

Marsha Whisenhunt

Associate Broker