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421 Main St

10,000 SF Retail Building Trussville, AL 35173 $2,300,000 ($230/SF) 5.22% Cap Rate

Storefront Properties Alabama Trussville 421 Main St, Trussville, AL 35173

Investment Highlights

  • Long-Term Lease
  • Investment Grade Tenant - S&P "BBB" Rating
  • 30+ Years of Increasing Year Over Year Sales Growth
  • Corporately Guaranteed Lease From An Industry Leader
  • Massive Store Count - 6,000+ Units & Counting
  • Densely Populated Birmingham MSA Location

Executive Summary

Long-Term Lease with 14.5+ years of firm term remaining on an original 20-year lease, which was
one of the last 20-year leases signed prior to the COVID-19 pandemic. Corporately Guaranteed Lease From An Industry Leader
O’Reilly Auto Parts (NASDAQ: ORLY) is one of the nation’s largest specialty retailers of automotive afterparts, tools, supplies, equipment, and accessories with 6,000 locations and ranked #279 on the Fortune 500 list.

Attachments

O'Reilly - Trussville, AL Final OM April 20 2023

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,000 SF
Building Class
B
Year Built
2017
Price
$2,300,000
Price Per SF
$230
Cap Rate
5.22%
NOI
$120,004
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.85 AC
Zoning
C2 - Commercial
Parking
50 Spaces (6.92 Spaces per 1,000 SF Leased)
Frontage
170 FT on Main Street
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421 Main St, Trussville, AL - aerial map view - Image1
421 Main St, Trussville, AL - aerial map view - Image2

Nearby Major Retailers

Winn-Dixie
Regions Bank
Walk-On's
Synovus Bank
Moe's Original BBQ
Chicken Salad Chick
Orangetheory Fitness
Pinnacle Bank
Truist
Five Guys

PROPERTY TAXES

Parcel Numbers
Multiple
  • 12-00-26-2-006-029.008
  • 12-00-26-2-006-029.001
 Improvements Assessment $0
Land Assessment $0 Total Assessment $705,760

PROPERTY TAXES

Parcel Numbers
Multiple
  • 12-00-26-2-006-029.008
  • 12-00-26-2-006-029.001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$705,760
(602) 628-6298

Contacts

  • Listing ID: 28215389

  • Date on Market: 4/12/2023

  • Last Updated:

  • Address: 421 Main St, Trussville, AL 35173

More public record information on 421 Main St, Trussville, AL 35173

The Retail Property at 421 Main St, Trussville, AL 35173 is currently available for sale. Contact Echo West Capital Advisors for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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421 Main St
(602) 628-6298 x

421 Main St

1/3

Tim Westfall

(602) 628-6298

(602) 628-6298

Ryan Moroney

(602) 421-8910

(602) 421-8910

Jack McAndrew

(602) 509-5800

(602) 509-5800

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