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1471 S Highway 21 Byp
Monroeville, AL 36460
ADVANCE AUTO PARTS – MONROEVILLE, AL · Retail Property For Sale
Investment Highlights
- NN LEASE: 5+ years remaining on corporate lease with an ATTRACTIVE 15.8% rental escalation on last renewal option (January 1, 2032)!
- SEASONED SALES LOCATION: Successfully open & operating since 1995 and currently in their 5th renewal option
- LARGE PARCEL | TRAFFIC COUNTS: Positioned on a ±0.826-acre lot - across the street from a Tractor Supply Co./ Marvin’s Anchored Retail Center
- CORPORATE GUARANTEED LEASE: operating 4,297 stores primarily in the U.S.
- STRONG INTRINSIC VALUE: Priced below replacement cost with low rents in-place - $10.63 psf
- 2025 DEMOGRAPHICS: Total Population (5MI): 53,865 | Average Household Income (1MI): $61,044
Executive Summary
(Building & Land) Fee Simple
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
C
Year Built
1995
Price
$1,357,840 CAD
Price Per SF
$193.98 CAD
Cap Rate
7.50%
NOI
$101,838 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.83 AC
Opportunity Zone
Yes
Zoning
C - Commercial Business
Frontage
150’ on Alabama 21 Bypass
Amenities
- Corner Lot
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 26010140000370010 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $183,148 CAD |
Property Taxes
Parcel Number
26010140000370010
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$183,148 CAD
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