Alabaster Shopping Center

218 2nd Street SW, Alabaster, AL 35007

Property Information

  • For Sale $5,000,000
  • Property Type Retail - Community Center
  • Property Size 108,220 SF
  • Units 11
  • Lot Size 6.81 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1962
  • Date Updated Oct 7, 2026

Description

Located in the heart of Alabaster, AL, a growing submarket of Birmingham, with convenient access to I-65 and U.S. 31Positioned in the thriving Alabaster community, this fully leased shopping center offers investors a compelling combination of stable in-place cash flow and future value-add potential. The three-building property features an exceptional tenant lineup, anchored by America’s Thrift Store’s #1 location nationwide, providing a strong traffic driver and established tenancy. The property offers excellent visibility, convenient access and abundant parking, supporting tenant success and long-term demand. Located within a growing Alabaster submarket, the center presents an attractive opportunity to acquire a stabilized retail investment with upside through future leasing, property improvements and continued market growth.

Highlights

  • 100% Leased Shopping Center Investment in growing Alabaster community
  • Anchor Tenant: America's Thrift Store's #1 Nationwide Location
  • Excellent parking, visibility and access
  • Stable investment with steady cash flow in place, and future value-add potential
  • Three-building shopping center offering significant upside in growing Alabaster submarket

Contacts

Location

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