| Price: | $1,724,000 |
|---|---|
| Status: | Available |
| CAP: | 4.35% |
| Years Left: | 15.6 |
| Lease Type: |
New construction – 16,000 square feet building. 10% fixed rental increases – (typical 7.5%). Location serves as a retail store that also distributes and stocks inventory for additional Advance Auto Parts locations. Larger inventory with wider variety, featuring 15,000 additional stock-keeping units not offered in other stores which is almost double a standard AAP store. Hub location allows nearby by locations same day or next-day delivery for additional items. Hub stores act as mini warehouses and allow AAP to increase efficiency and maintain adequate capacity of their supply chain while reducing inventory costs and improving availability and movement of goods throughout the supply chain.
| Price: | $4,622,000 |
|---|---|
| Status: | Available |
| CAP: | 5.00% |
| Years Left: | 15 |
| Lease Type: |
| Price: | $3,577,000 |
|---|---|
| Status: | Available |
| CAP: | 5.15% |
| Years Left: | 8.5 |
| Lease Type: |
Long-term, 100% absolute NNN lease investment (S&P: “BBB”). 15-year term with 5% increases every five (5) years starting in the option periods. Prominently located in a strong retail corridor with visibility to traffic counts over 20,000 VPD on E. Main Street. #5 Most-visited CVS Store in Alabama, located directly across from #1 ranked Winn-Dixie.
| Price: | $5,222,222 |
|---|---|
| Status: | Available |
| CAP: | 4.50% |
| Years Left: | 15 |
| Lease Type: |
Recent 3-Year Extension | Corporate Signed | Rental Increases | Below Market Rent | Investment Grade (S&P: A). Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities. National/Credit Tenant Presence | Strong Tenant Synergy. Located Along Bessemer Road | Excellent Visibility | Nearby Access to Interstate 20 & 59 (98,900+ VPD).
| Price: | $495,000 |
|---|---|
| Status: | Available |
| CAP: | 5.05% |
| Years Left: | 2.9 |
| Lease Type: |
Zero Landlord Obligations – The tenant is on an absolute NNN lease allowing for a truly passive investment. Options to Extend Lease – Jiffy Lube has Five, 5-year options to extend the lease. Strong Increases – 10% increases every 5 years, allowing for a strong hedge against inflation.
| Price: | $1,688,888 |
|---|---|
| Status: | Available |
| CAP: | 4.50% |
| Years Left: | 15.2 |
| Lease Type: |
CVS executed a new 10-Year lease with (6) 5-Year Renewal Option Periods. No Landlord Responsibilities. The property is strategically located at the signalized intersection of US 431 and Main Street.
| Price: | $4,021,740 |
|---|---|
| Status: | Available |
| CAP: | 4.60% |
| Years Left: | 10 |
| Lease Type: |
| Price: | $1,370,000 |
|---|---|
| Status: | Available |
| CAP: | 5.25% |
| Years Left: | 4.9 |
| Lease Type: |
Approx. 16 yrs & 11 mos remaining on the initial term of the lease with ten (5-year) options to renew. This is an absolute net lease with no landlord responsibilities. Located 1 mi S of Wallace State Community College, providing pharmacy svcs & conveniences for ±7,000 students that are enrolled here each semester.
| Price: | $3,655,237 |
|---|---|
| Status: | Available |
| CAP: | 4.85% |
| Years Left: | 16.9 |
| Lease Type: |
Rent to Sales Ratio Sub 5%. Strong Store Sales – Over $2,000,000. Absolute NNN Lease with Zero LL Responsibilities. Rare 17 Year Option – Gives LL Security and Renewed Value. Pandemic proof concept with experienced operator.
| Price: | $2,500,000 |
|---|---|
| Status: | Available |
| CAP: | 4.22% |
| Years Left: | 17 |
| Lease Type: |
| Price: | $2,421,000 |
|---|---|
| Status: | Available |
| CAP: | 4.75% |
| Years Left: | 20 |
| Lease Type: |
