Advance Auto Parts | 7951 Highway 31
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
thank you
Your email has been sent!
Advance Auto Parts 7951 Highway 31
7,000 SF Retail Building Calera, AL 35040 $1,518,494 ($217/SF) 8.50% Cap Rate
Investment Highlights
- Over Three Years Remaining on a Corporate Guaranteed Lease
- Positioned Along US-31, a Major Thoroughfare Connecting Birmingham to Montgomery, Enhancing Visibility and Traffic to the Property
- Premier Leader in the Automotive Aftermarket Parts Industry With Over 4,700 Stores in Operation
- Situated Just 30 Minutes From Birmingham, Alabama's SecondLargest City, With a Population of Over 195,000 Residents
- The Lease is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BBB- From S&P
- Founded in 1932, Advance Auto Parts Employs Over 65,000 People Nationwide
Executive Summary
Sands Investment Group is Pleased to Exclusively Offer For Sale the 7,000 SF Advance Auto Parts Located at 7951 U.S. 31 in Calera, AL. This Deal Includes Over Three Years Remaining on a Corporate Guaranteed Lease and Situated Just 30 Minutes From Birmingham, Alabama's Second-Largest City, With a Population of Over 195,000 Residents, Providing For a Secured Investment.
BoR: Andrew Ackerman - Lic. AL #1089690
BoR: Andrew Ackerman - Lic. AL #1089690
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
C
Year Built
2008
Price
$1,518,494
Price Per SF
$217
Cap Rate
8.50%
NOI
$129,072
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.71 AC
Zoning
C - Commercial
Parking
42 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
249 FT on Hwy 31
Amenities
- Pylon Sign
- Signage
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Advance Auto Parts
- Retailer
- 7,000 SF
- $18.44
- Triple Net
- Jan 2028
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Advance Auto Parts | Retailer | 7,000 SF | $18.44 | Triple Net | Jan 2028 |
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 | |
Land Assessment | $0 | Total Assessment | $151,860 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$151,860
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Advance Auto Parts | 7951 Highway 31
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.