Documents
Attributes
Year Built | 1980 |
Building Area Gross |
|
Land Area Gross |
|
Occupancy | 89.0 % |
Asset Description
JLL is pleased to announce the opportunity to acquire McFarland Plaza, a dominant super-regional investment opportunity located in Tuscaloosa, Alabama, approximately one mile from the University of Alabama, home to over 38,000 students. The property has a high performing, best-in-class anchor lineup that includes TJ Maxx, HomeGoods, Ross Dress for Less, Michaels and Dollar General. McFarland Plaza boasts strong cash flow growth / CAGR via mark-to-market opportunities and the lease up of 20,000 SF of vacancy.
Please reach out to the deal time for more information regarding McFarland Plaza.
Investment Highlights
- 1 Mile from The University of Alabama
- Best-In-Class Anchor Lineup
- Limited Deferred Maintenance
- Value-Add with Strong NOI Growth / CAGR
- Significant Traffic Counts
- Established & Dominant Retail Corridor
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