815 Pelham Rd S, Jacksonville, AL 36265

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Building Details:

815 Pelham Rd S is located in Jacksonville, AL.

EXP Realty Advisors exclusively presents for sale a 44,000 square foot building on 3.52 acres of land 100% leased to Winn-Dixie Bi-Lo, who recently exercised a 5-year option to renew the lease. Winn-Dixie has been operating at this location since 1993 and it is the dominant grocer in Jacksonville. This Winn-Dixie store also contains a pharmacy. There are 5 adjacent stores which are not included in the sale, and are occupied by Regis Haircare, Little Caesars, Advance America, vacant (Medical Tenant Coming Within 6 months), First Educators Credit Union. There are also two pad sites in front of the subject property, both occupied by Compass Bank and Express Oil. Winn Dixie is in the process of making improvements to the property which include installing a generator, painting the building, upgrading parking lot lighting and repairing and seal coating the lot. The property is located on Pelham Road South, which has a traffic count of 23,275 vehicles per day. Pelham Road (State Highway 21) is the main thoroughfare through Jacksonville. The road connects the city’s business district and is retail oriented. The Winn Dixie lease is triple net.

Area tenants include Walmart, Sears, Taco Bell, O'Reilly Auto Parts, Walgreens, Dollar General, Dollar Tree, Wendy's, McDonald's and Burger King. Jacksonville State University, located approximately ½ mile down Pelham Rd. (Route 21) from the Winn Dixie, is a center of demand and one of the largest employers in the area. Jacksonville State University is a public, coeducational university with an enrollment of approximately 10,000 students. Within 10 miles there is an average household income of $57,859.