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Walgreens 1815 9th Ave N 15,120 SF Retail Building Bessemer, AL 35020 $4,862,329 CAD ($321.58 CAD/SF) 9% Cap Rate

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Investment Highlights

Ranked in the 75% Nationwide and 85% Statewide for store visits by Placer.ai
Surrounded by dense residential communities, schools, and medical facilities
Located in a growing Birmingham-area suburb with ongoing economic development

Prime location on 9th Avenue North, a busy Bessemer commercial corridor
Strong visibility, easy access, and steady neighborhood traffic

Executive Summary

Exclusive Realty is pleased to present a NN Walgreens for sale in Bessemer, Alabama, strategically located on 9th Avenue North in a well-established commercial corridor. Positioned just southwest of Birmingham, Bessemer is a strong, growing market supported by major employers, new industrial development, and dense residential neighborhoods. This highly visible Walgreens benefits from consistent traffic, proximity to schools and medical facilities, and a loyal customer base that relies on the store for prescriptions, health essentials, and everyday goods. With a nationally recognized, investment-grade tenant secured by a long-term NNN lease, this offering provides investors with stable, passive income in a proven Alabama market.

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

15,120 SF

Building Class

Year Built

2001

Price

$4,862,329 CAD

Price Per SF

$321.58 CAD

Cap Rate

NOI

$437,610 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.15

Lot Size

2.39 AC

Opportunity Zone

Yes

Zoning

Parking

74 Spaces (5.23 Spaces per 1,000 SF Leased)

Frontage

400’ on 9th Ave

Dedicated Turn Lane

Pylon Sign

Signalized Intersection

Retailer
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Jan 0000

Walgreens is a major U.S. pharmacy and retail chain founded in 1901 in Chicago, Illinois. The company operates thousands of locations across the United States, providing prescription medications, over-the-counter drugs, health and wellness products, and convenience items. Walgreens also offers services such as immunizations, health screenings, and photo processing. The company has expanded its healthcare offerings through partnerships and in-store clinics, aiming to integrate pharmacy services with broader health solutions. Walgreens is part of Walgreens Boots Alliance, a global pharmacy-led health and wellbeing enterprise.