Description of this article
Lee Meriwether, CCIM has represented River Bank & Trust in the sale of a ± 9,900 S.F. retail shopping center located at 1510 - 1534 South Memorial Drive, Prattville, Alabama. The sales price was $750,000.00 ($75.76/S.F.).
John Stanley, CCIM has represented Cadles Butler Plaza, LLC in the sale of a 90,342 S.F. Shopping Center located on Al. Hwy 245 Bypass, Greenville, AL. The Buyer was Chen's First Property, LLC. The sales price was $1,550,000 at a 12.6 cap rate.