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Jasper Plaza - Jasper, AL 200 N Airport Rd 9,299 SF 87% Leased Retail Building Jasper, AL 35504 $2,791,840 CAD ($300.23 CAD/SF) 8.22% Cap Rate
INVESTMENT HIGHLIGHTS
- 87% leased strip center with immediate upside through lease-up of remaining vacancy.
- Built in 2017 with minimal deferred maintenance and low capital expenditure needs.
- Located just 40 minutes from Birmingham in a strong retail corridor.
- 1,023 SF master-leased space generating $22 PSF plus $3.55 PSF Triple Net (NNN) at close.
- Surrounded by national retailers like Walmart, The Home Depot, McDonald's, T.J. Maxx, Petco, and Hobby Lobby.
EXECUTIVE SUMMARY
BoR: Andrew Ackerman - Lic. AL #1089690
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Great Clips
- Retailer
- 1,312 SF
- $27.64 CAD
- Triple Net
- Jun 2030
- Master Lease
- Retailer
- 1,023 SF
- $30.03 CAD
- Triple Net
- -
- Palm Beach Tan
- Retailer
- 2,437 SF
- $30.10 CAD
- Triple Net
- Jun 2029
- Therapy South
- Retailer
- 3,327 SF
- $28.62 CAD
- Triple Net
- Apr 2031
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Great Clips | Retailer | 1,312 SF | $27.64 CAD | Triple Net | Jun 2030 | |
| Master Lease | Retailer | 1,023 SF | $30.03 CAD | Triple Net | - | |
| Palm Beach Tan | Retailer | 2,437 SF | $30.10 CAD | Triple Net | Jun 2029 | |
| Therapy South | Retailer | 3,327 SF | $28.62 CAD | Triple Net | Apr 2031 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
This 1,200 sq ft space is located in Airport Landing, a new construction retail/office/medical redevelopment for lease. The site is situated near established surrounding neighborhoods and retail tenants including Planet Fitness, CVS, Hibbet Sports, Five Below, and more.
This 1,024 sq ft space is located in Airport Landing, a new construction retail/office/medical redevelopment for lease. The site is situated near established surrounding neighborhoods and retail tenants including Planet Fitness, CVS, Hibbet Sports, Five Below, and more.
| Space | Size | Space Use | Position | Available |
| 130 | 1,200 SF | Retail | In-Line | Now |
| 140 | 1,024 SF | Retail | In-Line | Now |
130
| Size |
| 1,200 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
140
| Size |
| 1,024 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
130
| Size | 1,200 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
This 1,200 sq ft space is located in Airport Landing, a new construction retail/office/medical redevelopment for lease. The site is situated near established surrounding neighborhoods and retail tenants including Planet Fitness, CVS, Hibbet Sports, Five Below, and more.
140
| Size | 1,024 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
This 1,024 sq ft space is located in Airport Landing, a new construction retail/office/medical redevelopment for lease. The site is situated near established surrounding neighborhoods and retail tenants including Planet Fitness, CVS, Hibbet Sports, Five Below, and more.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 17-02-03-3-000-056-0000 | Improvements Assessment | $222,629 CAD |
| Land Assessment | $49,579 CAD | Total Assessment | $272,209 CAD |
PROPERTY TAXES
CONTACTS
-
Carlos Arizpe -
Ethan Offenbecher -
Baker Baine -
Sands Investment Group Austin, LLC
Presented by
Jasper Plaza - Jasper, AL | 200 N Airport Rd
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