851 1st St N | Alabaster, AL 35007
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- LoopNet Team
851 1st St N
Alabaster, AL 35007
Express Oil & Tire Engineers | 15.5 Years NNN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporately guaranteed lease | Backed by Mavis Tire Express Services Corp, the second largest independent auto service business in the U.S.
- Excellent access and visibility from 1st St (aka Hwy 119) which sees a robust ±52,620 VPD
- 10% rent increases every 5 years throughout initial terms and options, providing a great hedge against inflation
- Long-term, passive investment | ±15.5 years remaining on the absolute NNN lease | Zero Landlord responsibilities
- Directly across from Shelby Baptist Medical Center | 252-bed hospital
- Express Oil Change & Tire Engineers has ±350 locations across 19 states
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,566 SF
Building Class
C
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.24 AC
Zoning
C - Commercial
Parking
12 Spaces (3.37 Spaces per 1,000 SF Leased)
Frontage
130 FT on 1st Street North
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 13-7-35-1-001-028-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $87,280 |
PROPERTY TAXES
Parcel Number
13-7-35-1-001-028-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$87,280
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