Mercantile on Morris
Retail-Commercial
for Lease
| Catylist Listing ID: |
30801430 |
| Property Subtypes: |
Mixed Use, Restaurant, Street Retail
|
| Building Status: |
Under Construction |
| Contiguous Space: |
1,153 - 1,200 SF |
| Total Available: |
2,353 SF |
| Gross Building Area: |
23,000 SF |
| Lease Rate: |
$32 - 35 PSF (Annual)
|
| Base Monthly Rent: |
$3,074 - 3,500 |
| Lease Types: |
NNN |
| In Opportunity Zone? |
Yes |
| Building Name: |
Mercantile on Morris |
| Last Updated: |
5/5/2022 |
Overview / Comments
Mercantile on Morris has 14,000 SF of Retail space available for Lease.
+ Some retail options include frontage on Morris Ave & 1st Ave M that opens into an interior pedestrian plaza. Through the creation of the pedestrian plaza, patrons and residents will be able to experience the development as a destination for their entire day.
+ We intend for the final retail mix of restaurants, boutique retail and bars to attract activity throughout the day and night to contribute to downtown's work, live, play enviornment.
|
| Space Available: |
1,200 SF |
| Lease Rate: |
$32 - 35 PSF (Annual)
$3,200 - 3,500 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Perfect space for Hair Salon, Nail Salon, Boutique Fitness/Yoga Studio |
| Space Subcategory: |
Mixed Use |
| Date Available: |
5/6/2022 |
| Space Type: |
New |
| Space Available: |
1,153 SF |
| Lease Rate: |
$32 PSF (Annual)
$3,074 (Monthly)
|
| Lease Type: |
NNN |
| Space Subcategory: |
Mixed Use |
| Date Available: |
5/6/2022 |
| Space Type: |
New |
Additional Details
| Nearest MSA: |
Birmingham-Hoover |
| County: |
Jefferson |
| Submarket Type: |
Central Business District |
| Tax ID/APN: |
2200361031006000 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation, Convention |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
1st Ave N and Morris Avenue |
| Tenancy: |
Multiple Tenants |
| Typical SF / Floor: |
14,000 SF |
| Property Condition: |
Excellent |
| Year Renovated: |
2021 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,913 |
85,031 |
200,772 |
| Median Age: |
31.21 |
37.16 |
36.9 |
| Households: |
4,378 |
38,162 |
84,347 |
|
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