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200 N Airport Rd
Jasper, AL 35504

$2,000,000 USD

Storefront For Sale  •  9,299 SF

Property Details

  • Property Type Storefront
  • Total Building Size 9,299 SF
  • Lot Size 1.4 AC
  • Building Class B
  • Year Built 2017
  • Cap Rate 8.22 %
  • Tenancy Multiple
  • Zoning B2
0 Transit Score
46 Walk Score

Highlights

87% leased strip center with immediate upside through lease-up of remaining vacancy.
1,023 SF master-leased space generating $22 PSF plus $3.55 PSF Triple Net (NNN) at close.
Built in 2017 with minimal deferred maintenance and low capital expenditure needs.
Surrounded by national retailers like Walmart, The Home Depot, McDonald's, T.J. Maxx, Petco, and Hobby Lobby.
Located just 40 minutes from Birmingham in a strong retail corridor.
Cap Rate: 8.22 %

Major Tenants

Tenant SF Occupied Lease End Date
Great Clips 1,312 SF 6/30/2030
Master Lease 1,023 SF
Palm Beach Tan 2,437 SF 6/30/2029
Therapy South 3,327 SF 4/30/2031

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 76
Type: Surface
Included in Rent: Yes
Carlos Arizpe 737-270-7668 Sands Investment Group Austin, LLC
Carlos Arizpe 737-270-7668 Sands Investment Group Austin, LLC