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2828 Jordan Ln NW
Huntsville, AL 35816

$1,000,000 USD

Auto Repair For Sale • 7,057 SF

Property Details

Property Type Auto Repair
Total Building Size 7,057 SF
Lot Size 1.28 AC
Building Class C
Year Built 1979
Cap Rate 7.20 %

12 Transit Score

26 Walk Score

                
                    Highlights
                
                                RENTAL INCREASES – The lease features 5% rental escalations throughout all four 5-year option periods, providing a hedge against inflation. 
                            
                                LARGE LOT – Situated on two adjacent parcels totaling 1.28-acres, the site offers exceptional visibility, easy accessibility, and ample space.
                            
                                CORPORATE GUARANTEE – This location is operated by the Boyd Group and backed by a corporate guarantee, providing added financial stability.
                            
                                STRONG RETAIL SYNERGY – The property is surrounded by nationally recognized retailers, including O'Reilly Auto Parts, AutoZone, Chick-fil-A,  and Aldi
                            
                                HIGH TRAFFIC AREA – The property benefits from excellent visibility along the Ardmore Hwy, a major thoroughfare in the area.
                            
                                MARKET DOMINANT AUTO REPAIR – Gerber Collision has been in business for more than 85 years, operates 800+ locations, and has aggressive expansion plan

Property Flyers

Gerber Collision OM - Huntsville, AL

Financial Summary

Cap Rate:

7.20 %

Public Transportation

Airport	Drive	Walk	Distance
Huntsville International-Carl T Jones Field	22 min	-	15.1 mi

Adrian Stepien 714-849-5947 Prime Net Lease

2828 Jordan Ln NW Huntsville, AL 35816