Map of Property

Retail or Turnkey Restaurant Opportunity, Luverne

For Lease

742 S Forest Ave, Luverne, AL 36049

You can currently find 1 retail space(s) available for lease at Retail or Turnkey Restaurant Opportunity, Luverne. Designated use type for space listed here includes street retail. Current retail listings at this property total 3,596 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Retail or Turnkey Restaurant Opportunity, Luverne.

Space Available For Lease 1

Contacts

Vanessa Morris

NAI Chase Commercial

Property Details

  • Property Type Retail - Street Retail
  • Property Size 3,596 SF
  • Lot Size 1.32 Acre
  • Property Tenancy Single Tenant
  • Year Built 1985
  • Date Updated Apr 21, 2026
742 S. Forest Avenue is strategically located along one of Luverne’s primary commercial corridors, offering excellent visibility and accessibility. Forest Avenue (Highway 331) serves as a main thoroughfare through the city, connecting local residents and regional traffic. The property benefits from steady daily traffic counts, proximity to established retail and service businesses, and convenient access to downtown Luverne. This high-exposure location makes it ideal for retail, restaurant, or service-oriented users seeking strong community presence.This ±3,596 SF freestanding commercial building is a former fast food restaurant designed for efficient food service operations. The property features a functional drive-thru lane, existing kitchen infrastructure, and a layout well-suited for quick-service or fast-casual concepts. The building offers ample parking, prominent signage opportunities, and easy ingress/egress from Forest Avenue. Available for lease, the space provides an excellent opportunity for restaurant operators or other retail users to capitalize on an established location with built-in operational advantages. The adaptable floor plan also allows for conversion to a variety of commercial uses.
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Highlights

  • ±3,596 SF freestanding commercial building
  • Available for lease
  • Built in 1985
  • Easy ingress/egress with ample on-site parking
  • Established commercial corridor with steady traffic
  • Flexible layout allows for multiple commercial uses
  • Former fast food restaurant with existing drive-thru
  • High visibility along Forest Avenue (Highway 331)
  • Ideal for QSR, fast-casual, coffee, or service-oriented businesses
  • Includes grease trap and furniture & fixtures
  • Property Highlights
  • Situated on ±1.32 acres
  • Strong frontage with excellent signage opportunities
  • Zoned B-3 – suitable for retail, restaurant, or service users

Attachments

Getting around

  • 48/100

    Walk Score ®

  • 34/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Luverne, AL
  • Zip Code 36049

Points of Interest

  • Sun Stop

    8.49 miles

  • Eagle Express

    8.55 miles

  • Old Gin Creek

    8.70 miles

  • McDonald's

    0.03 miles

  • Papa's

    8.50 miles

  • The Parlor

    8.52 miles

  • Lawhorn's Too

    8.54 miles

  • The Old Barn Restaurant

    9.64 miles

  • Dixieland

    8.55 miles

742 S Forest Ave Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at Retail or Turnkey Restaurant Opportunity, Luverne asks $25.00/SF/YR per square foot.

  • The property includes 3,596 square feet of retail space for lease. Of this total, 3,596 square feet are Street Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

Contact Listing Broker
Vanessa Morris

NAI Chase Commercial

  1. 1Main information
  2. 2Extra information
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