This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

940 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

Community Auto Repair 302 5th Ave SW

4,500 SF Retail Building Cullman, AL 35055 $900,000 ($200/SF) 7% Cap Rate

Retail Space Alabama Cullman 302 5th Ave SW, Cullman, AL 35055

Investment Highlights

  • New 15-Year Lease
  • Attractive Rent Increases
  • High Traffic Location
  • Absolute NNN
  • Functional Building

Executive Summary

Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a fee simple interest in the Community Auto Repair asset located at 302 5th Ave SW in Cullman, AL (the “Property”).  The property is an established auto repair business with strong sales.
The Property is a 4,500 square foot freestanding auto repair shop, complete with four service bays on a 0.50-acre parcel of land.
Community Auto Repair will commence a 15-year absolute NNN lease with no Landlord responsibilities upon close of escrow. The brand-new lease features 2% rental increases annually during the base lease term and at the beginning of each of the four (4), five (5) year renewal option periods.

Attachments

View Offering Memorandum

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,500 SF
Building Class
C
Year Built
1998
Price
$900,000
Price Per SF
$200
Cap Rate
7%
NOI
$63,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.50 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Parking
6 Spaces
Frontage
231 FT on 3rd Avenue Southwest

Amenities

  • Signage

Links

1 of 1
Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Regions Bank
Rent-A-Center
Taziki's Mediterranean Cafe
Newk's Eatery
Publix
Scooter's Coffee
Waffle House
Buffalo Wild Wings
Buddy's Home Furnishings

PROPERTY TAXES

Parcel Number 17-05-15-2-036-002.000 Improvements Assessment $0
Land Assessment $0 Total Assessment $40,700

PROPERTY TAXES

Parcel Number
17-05-15-2-036-002.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$40,700
(972) 616-4720

Contacts

  • Listing ID: 31808484

  • Date on Market: 5/15/2024

  • Last Updated:

  • Address: 302 5th Ave SW, Cullman, AL 35055

More public record information on 302 5th Ave SW, Cullman, AL 35055

The Retail Property at 302 5th Ave SW, Cullman, AL 35055 is currently available for sale. Contact Northmarq for more information.

Nearby Listings

1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/5
302 5th Ave SW, Cullman, AL for sale Primary Photo- Image 1 of 5
Subject Property
302 5th Ave SW, Cullman, AL for sale Building Photo- Image 2 of 5
Subject Property
302 5th Ave SW, Cullman, AL for sale Building Photo- Image 3 of 5
Subject Property
302 5th Ave SW, Cullman, AL for sale Building Photo- Image 4 of 5
Subject Property

1 of 1

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Community Auto Repair | 302 5th Ave SW
(972) 616-4720 x

Community Auto Repair | 302 5th Ave SW

1/2

Christopher Adams

(972) 616-4720

(972) 616-4720

Brian Lane

(678) 347-2250

(678) 347-2250

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link