216-222 Haynes St
Talladega, AL 35160
Walmart Shadow Center · Local commercial Bien À vendre

WALMART SHADOW CENTER | TALLADEGA, AL
• The subject property is a 20,000 SF Walmart shadow anchored center located in Talladega, AL
• The center features a strong internet-resistant mix of restaurant, fitness, beauty, wireless, and service-based tenants
• Positioned in main retail corridor of Talladega, adjacent to Walmart, Dollar General, Tractor Supply, O’Reilly, and more
• These are long-term proven operators with an average tenant tenure of 10 years
VETERAN TENANT MIX
• The center features a diversified tenant mix, including Hibbett Sporting Goods, Cricket Wireless, American Deli, Direct Auto Insurance, Beauty Nails, and Los Arcos
• 50% of the center is made up of national tenants
• The property has a strong operating history with an average tenant tenure of 10+ years
• Multiple long-tenured tenants, including Hibbett Sporting Goods operating at the center for 17+ years, Beauty Nails for 21+ years, and Cricket Wireless for 10+ years
• The Walmart shadow anchor has been occupying their space since 1990
• Solid tenant performance according to Placer.ai data
• Cricket: top 10% in AL | top 13% nationwide
• Hibbett: top 24% in AL | top 25% nationwide
BELOW-MARKET RENTS
• 85% of the center has contractual rent bumps in their initial terms or options, giving the buyer the ability to grow income over time
• The seller has kept rents intentionally low at the center for the buyer to capture
TALLADEGA, AL | TALLADEGA MICROPOLITAN COMMUNITY
• Positioned as the county seat of Talladega County, Talladega exemplifies Southern charm and historical significance, playing a key role in the region’s cultural and economic landscape
• The iconic Talladega Superspeedway is a major economic engine, drawing roughly 100,000 racing enthusiasts annually from around the globe.
• The Talladega Superspeedway fuels local sectors such as hospitality, dining, retail, and event management, and according to an Auburn University study, the Talladega Superspeedway contributes $407M annually to the economy
• A significant driver of the local economy is Honda Manufacturing of Alabama, located in nearby Lincoln and employing approximately 5,000+ individuals
• Talladega County is world-renowned for its high-quality Sylacauga marble, often termed “the world’s whitest”. It is famous in the industry and has been quarried for over a century nearby