Marble City Plaza
Marble City Plaza is a two-building retail center in Sylacauga, Alabama, offered at $1,050,000 at an 8.67% cap ($91,000 current NOI). The 10-unit strip center is 60% occupied with six active tenants and four available spaces totaling approximately 18,500 SF. At full occupancy, the property projects $222,000 in annual rental income and a 14.8% pro forma cap rate.
Built in 1971 and renovated in 2024, the 30,200 SF center spans two single-story buildings on 3.49 acres along Talladega Highway, which carries more than 12,000 vehicles per day. Existing tenants operate on five-year leases with one five-year renewal option and 15% rental increases at renewal; recent lease activity includes one executed in 2024, two in 2025, and one in 2026. Tenants pay $1.00 per SF toward CAM, and the property generates additional revenue from an on-site ice vending machine. Available spaces range from 1,800 SF to 8,000 SF, accommodating various retail and service users. The high-traffic corridor location and recent renovations position the center for near-term occupancy growth.
- 60% occupied with strong recent lease activity (four leases signed 2024–2026)
- Four available spaces (1,800–8,000 SF) offering immediate lease-up opportunity
- 14.8% pro forma cap rate at full occupancy
- Recently renovated (2024); high-traffic location (12,000+ vehicles per day)
- Flexible tenant mix on five-year terms with 15% renewal increases
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LHT Commercial Real Estate, LLC is proud to present Marble City Plaza, a two-building retail center featuring 10 units. The property is currently 60% occupied, with six leased units and four available for lease. Existing tenants are on five-year lease terms with one five-year renewal option and 15% rental increases at each renewal. The tenant mix continues to strengthen, with one lease executed in 2024, two in 2025, and one in 2026.The property currently generates approximately $119,400 in annual NOI from the occupied units and an on-site ice vending machine. At full occupancy, the center offers a projected annual rental income of approximately $222,000 and an estimated pro forma cap rate of 14.8%. Tenants contribute $1.00 per square foot toward CAM expenses. Available spaces include approximately 8,000 SF, 5,500 SF, 3,200 SF, and 1,800 SF, providing flexibility for a variety of retail or service users. Marble City Plaza enjoys excellent visibility along Talladega Highway, which sees more than 12,000 vehicles per day, offering strong exposure and traffic for tenants.