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1607 E Commerce St
Greenville, AL 36037

$420,000 USD

Auto Repair For Sale  •  5,120 SF

Property Details

• Property Type Auto Repair
• Total Building Size 5,120 SF
• Lot Size 2.02 AC
• Building Class C
• Year Built 2002
• Cap Rate 7.34 %
• Tenancy Single

20 Walk Score

Highlights

Corporate lease with JHCC Holdings, LLC and double net lease structure.

Below-market rent of $6.56/SF vs. market rate of $10.12/SF — significant upside.

7.34% cap rate with a low acquisition basis of $420,000.

Tenant occupied for more than 20 years with two remaining 5-year renewal options.

Gerber operates 1,000+ collision repair facilities across North America.

Located between U.S. Highway 31 and the Greenville Bypass for convenient access.

Cap Rate:

7.34 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Joe Hudson’s Collision Centers

Public Transportation

Airport	Drive	Walk	Distance
Montgomery Regional (Dannelly Field)	51 min	-	43.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes