3741 20th Ave • Valley, AL 36854
Year Purchased: 2021
Purchase Amount: $4,450,000.00
Equity: $2,150,000.00
The Shops at Valley property was purchased in December 2021 and is a 28,000 square foot multi-tenant retail center located in Valley, AL. Built in 2002, the property is 100% leased to a strong group of e-commerce resistant tenants, including national brands such as ACE Hardware and Anytime Fitness. The center was 100% occupied at closing and offered our investors the prospect of current cash flow stability combined with upside from future leasing and planned rent increases.