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1471 S Highway 21 Byp
Monroeville, AL 36460

$992,000 USD

Freestanding For Sale  •  7,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 7,000 SF
  • Lot Size 0.83 AC
  • Building Class C
  • Year Built 1995
  • Cap Rate 7.50 %
  • Tenancy Single
  • Zoning C
0 Transit Score
37 Walk Score

Highlights

NN LEASE: 5+ years remaining on corporate lease with an ATTRACTIVE 15.8% rental escalation on last renewal option (January 1, 2032)!
CORPORATE GUARANTEED LEASE: operating 4,297 stores primarily in the U.S.
SEASONED SALES LOCATION: Successfully open & operating since 1995 and currently in their 5th renewal option
STRONG INTRINSIC VALUE: Priced below replacement cost with low rents in-place - $10.63 psf
LARGE PARCEL | TRAFFIC COUNTS: Positioned on a ±0.826-acre lot - across the street from a Tractor Supply Co./ Marvin’s Anchored Retail Center
2025 DEMOGRAPHICS: Total Population (5MI): 53,865 | Average Household Income (1MI): $61,044
Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Advance Auto Parts 12/31/2031

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC