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1445 S Alabama Ave
Monroeville, AL 36460
AT&T and Hibbett Sports · Retail Property For Sale


Investment Highlights
- Two-tenant net-lease retail investment with diversified income
- AT&T store is operated by Blue Link Wireless with 210 locations
- Modified NNN lease structure with limited landlord responsibilities
- Occupied by nationally recognized brands: AT&T and Hibbett Sports
- Long-standing tenancy: Hibbett Sports has operated at the site since 2010
- Modified NNN lease structure with limited landlord responsibilities
Executive Summary
Exclusive Realty is pleased to present a two-tenant net-lease retail investment occupied by AT&T and Hibbett Sports in Monroeville, Alabama. The property offers stable, diversified cash flow from two nationally recognized brands operating under long-term leases with built-in renewal options. Both tenants are currently in their first renewal option periods, providing near-term income stability with additional option upside.
The asset is positioned along a primary commercial corridor serving as the dominant retail hub for Monroe County and surrounding rural trade areas. Limited competing retail supply, combined with Monroeville’s role as a county seat and regional service center, supports consistent daily traffic and tenant performance. Rents are in line with prevailing market levels, limiting downside risk at rollover.
The property benefits from a recently installed Versico roofing system with a long-term transferable warranty, reducing near-term capital exposure. With staggered lease expirations, market-rate rents, and a balanced tenant mix spanning essential services and soft-goods retail, the investment offers an attractive combination of yield, durability, and long-term optionality at a compelling entry cap rate.
The asset is positioned along a primary commercial corridor serving as the dominant retail hub for Monroe County and surrounding rural trade areas. Limited competing retail supply, combined with Monroeville’s role as a county seat and regional service center, supports consistent daily traffic and tenant performance. Rents are in line with prevailing market levels, limiting downside risk at rollover.
The property benefits from a recently installed Versico roofing system with a long-term transferable warranty, reducing near-term capital exposure. With staggered lease expirations, market-rate rents, and a balanced tenant mix spanning essential services and soft-goods retail, the investment offers an attractive combination of yield, durability, and long-term optionality at a compelling entry cap rate.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,692 SF
Building Class
B
Year Built
1995
Price
$1,324,619 CAD
Price Per SF
$197.94 CAD
Cap Rate
7.50%
NOI
$99,346 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.60 AC
Opportunity Zone
Yes
Zoning
commercial
Parking
27 Spaces (4.03 Spaces per 1,000 SF Leased)
Frontage
250’ on S Alabama Ave
Property Taxes
| Parcel Number | 26011210000370000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $122,991 CAD |
Property Taxes
Parcel Number
26011210000370000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$122,991 CAD
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