Location
Greenville, AL
ROI
3x
annual property tax increase
ROI
$120,000
estimated annual sales tax increase
Our team purchased Gateway Plaza, a grocery-anchored shopping center in Greenville, AL, from a prominent local family who had owned the asset since the 70’s.
To date, our leasing team has been able to backfill 20,000 square feet to Beall’s Department Store, which is projected to generate $3M in sales volume. We have spent over $1M through renovations such as new roofs, painting, exterior lighting, and parking lot improvement.
