Portfolio of properties for Sale - Tuscaloosa

Absolute NNN Master Lease - These are Absolute NNN lease structures wrapped into one master lease. The portfolio offers no landlord responsibilities, perfect for any out-of-state investor. Guarantee from Operators - Personal Guarantee from the two owners of MidState Petroleum. The owners operate in over 80 locations throughout the southeast. High-Traffic Locations - Strategically located along major highways and arterial roads, including US-43, McFarland Blvd, and Oscar Baxter Dr - ensuring excellent visibility and fuel volume. Essential Service Retail - Gas stations remain recession-resistant assets and a critical part of the retail landscape, bolstering long-term viability. New Operator - A new, strong operator took over these highly desirable sites. The new operator has over 80+ locations in the southeast and works with several major brands.

Date on Market:

2025-09-22

Auburn Specialty for Sale - Lee County

Surmount is pleased to present the exclusive listing for a Take 5 Car Wash located at 1672 South College Street, Auburn, Alabama 36832. The site consists of roughly 2700 rentable square feet of building space on an estimated 0.93-acre parcel of land. This Take 5 Car Wash is subject to a 10-year Triple Net (NNN) lease, which commenced 12/28/2028. The current annual rent is $150,094 and has scheduled increases of 1.75% Annually.

Property Subtype:

Car Wash

Date on Market:

2025-09-08

Phenix City Retail for Sale - Russell County

This absolute NNN Dollar General in Phenix City, Alabama is strategically located just off busy Crawford Rd (U.S. 80 & AL 9), the primary east-west commercial corridor running through Phenix City and into Columbus, Georgia. Traffic counts just west of the property are ±27,443 VPD. This attractive, ±9,100 SF Dollar General was built in 2015 and sits on a ±1.12-acre corner site just over 3 miles west of downtown Phenix City and approximately 4 miles west of downtown Columbus. Phenix City is the county seat of Russell County. Located in eastern Alabama, it sits across the Chattahoochee River from Columbus, Georgia and is part of the Columbus MSA. The top regional employers include Fort Benning, TSYS Payment Solutions (a financial technology company), Columbus Regional Healthcare, Aflac, and St. Francis Hospital. The population within 5 miles of the property is ±81,611 with an average household income of $68,466. The initial NNN term of 15 years has ±4.67 years remaining with five 5-year renewal options, each with a 10% rent increase. There are no landlord responsibilities. It has a strong guaranty by Dollar General Corporation, which operates over 20,000 stores across the 48 continental states. This NNN Dollar General is priced at $1,225,000 with a 7.5% cap rate.

Property Subtype:

Freestanding

Date on Market:

2025-08-28

Pinson Retail for Sale - Fultondale

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing Dollar General located in Pinson, AL. The subject property has a 15-year, NNN lease with 5% increases every 5 years during the preliminary term and each option, and a rent commencement date of November 23, 2025. This Dollar General is a metal building “barn” prototype and is ideally located at the corner of Braford Road and Narrows Road. Pinson is part of the greater Birmingham metropolitan area and one of the oldest communities in Alabama. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating. The Subject Property is ideally located at the corner of Bradford Road and Narrows Road in Pinson, AL (part of the Birmingham MSA). Pinson is a city located in Jefferson County, Alabama, and is part of the greater Birmingham metropolitan area. Pinson is one of the oldest communities in Alabama, with its roots tracing back to the early 1800s when it was settled by soldiers returning from the War of 1812. Pinson is situated within the Ridge-and-Valley Appalachians, a region characterized by its rolling hills and parallel ridges. It is home to the Alabama Butterbean Festival, an annual event held in October that draws around 30,000 visitors. The festival, which has been recognized as one of the "100 Best Festivals in the United States," features entertainment, food, arts and crafts, and a carnival. While Pinson has its own local businesses, its economy is closely tied to the larger Birmingham metropolitan area. This gives residents access to a more diverse job market, including major employers in automotive, advanced materials, and logistics. (source: Atlas Alabama, Pinson Chamber, Gemini).

Property Subtype:

Freestanding

Date on Market:

2025-08-26

Mobile Flex for Sale - West Mobile

Prime investment opportunity located on the high-traffic corridor of Moffett Road in Mobile, Alabama. This well-maintained commercial property boasts a strong tenant in place under a long-term lease, offering immediate and stable income for investors. With excellent visibility, easy access, and a history of consistent occupancy, this asset is ideal for those seeking a turnkey addition to their portfolio. Don’t miss this chance to secure a reliable revenue-generating property in a growing market with the possibility of further development on the property.

Property Subtype:

Showroom

Date on Market:

2025-08-11

Prattville Retail for Sale - Outlying Autauga County

In Association with Scott Reid & Parasell, Inc. | A licensed Alabama Broker #000127148-0

Property Subtype:

Day Care Center

Date on Market:

2025-08-08

Enterprise Retail for Sale

• Single-Tenant Starbucks: ° Corporate Lease from world’s leading coffee chain [Starbucks Corp] ° NN+ Lease with minimal landlord responsibilities, ideal for a passive investor ° 10-year primary term, with six (6), 5-year options ° 10% rental increases every 5-years, including options • About Starbucks: ° Starbucks Corp. (NASDAQ: SBUX) ° 40,000+ stores worldwide ° Fortune 500 company | 380,000+ employees ° Investment Grade Tenant (BBB+ S&P, Baa1 Moody’s) ° $96.4 billion reported market cap (Q1 2025) ° $36.2 billion in reported revenue for 2024 ° 53-years of proven Operating History

Property Subtype:

Fast Food

Date on Market:

2025-08-06

Guntersville Retail for Sale

SRS Real Estate Partners is pleased to present the opportunity to acquire the fee simple interest in an absolute NNN-leased Walgreens property located in Guntersville, Alabama. The tenant, Walgreen Co., is a wholly owned subsidiary of Walgreens Boots Alliance, one of the largest pharmacy operators in the U.S. The lease features more than nine years of primary term remaining, along with ten (10) additional five-year renewal options, providing excellent long-term income stability. With the tenant responsible for all expenses under an absolute triple-net structure, this asset offers a truly passive investment opportunity ideal for out-of-state or hands-off investors seeking durable cash flow backed by a national brand.

Property Subtype:

Drug Store

Date on Market:

2025-08-06

Jasper Retail for Sale - Walker County

This ±2,820-square-foot Bojangles restaurant, located at 2951 Highway 78 E, Jasper, Alabama, is leased to Cedartown Chicken, LLC for a 15-year term. The lease is ABSOLUTE (NNN), with zero landlord responsibilities. Five 5-year extension options are available, and rent rises 10% every five years (including extensions). The base rent for years 1–5 is $125,000 annually, equivalent to $10,416.67 monthly.

Property Subtype:

Fast Food

Date on Market:

2025-07-29

Tallassee Retail for Sale - Outlying Elmore County

Engel Realty Company is pleased to exclusively market for sale a single tenant net leased CVS Pharmacy located in Tallassee, AL. CVS together with its subsidiaries, is the largest pharmacy provider in the United States. The original lease terms runs through January 2031 leaving over 7 years remaining on the primary term. CVS has been successfully operating since 2010, and has 6 options to renew for a period 5 years each. The lease is triple net which presents no landlord responsibilities. The lease also features a corporate guaranty from CVS at below market rents comparatively to similar national pharmacy retailers. Located in historic Tallassee, AL 37 miles east of capital City Montgomery, AL and part of the Montgomery MSA, and approximately 40 miles west of Auburn, AL.

Property Subtype:

Drug Store

Date on Market:

2025-06-19

Arab Retail for Sale

As the exclusive advisor to Ownership, CBRE, Inc. is proud to offer qualified investors the opportunity to acquire, via long-term sale-leaseback, the recently constructed 5,670-square-foot Mavis Tires & Brakes (dba Express Oil Change) located at 926 North Brindlee Mountain Parkway, Arab, AL (the “Property”). Structured as a NNN lease with no landlord responsibilities, the Property will include a new 20-year lease to Mavis Tire Supply LLC (the “Tenant”) with six, 5-year options to renew. The lease will feature a 5% escalation every five years and all renewal options will be subject to the same 5% escalation at each onset. The Property will be sold at its development cost of $2,666,667 and investors are asked to bid the rent / capitalization rate as part of their offer.

Property Subtype:

Freestanding

Date on Market:

2025-05-16

Wetumpka Retail for Sale - Outlying Elmore County

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, freestanding Dollar General Market located in Wetumpka, AL. The subject property has a 15-year NNN lease with 5% increases every 5 years and a lease commencement date of August 1, 2025. The property is located on Firetower Road, 16 miles northeast of Montgomery, AL. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating. Located in Wetumpka, AL, approximately 16 miles northeast from Montgomery, AL. The subject property is at the corner of Firetower Road and Redland Road which has recently seen the addition of new retailers. Wetumpka has experienced steady population growth in recent years, with growth exceeding 10% between 2022 and 2023 (source: datausa.io).

Property Subtype:

Freestanding

Date on Market:

2025-04-24

Alabaster Retail for Sale - I-65 Corr/S Shelby County

REDUCED PRICE Located next to the Shelby Baptist Medical Center along the busy Highway 119 corridor, this Arby's restaurant presents a prime investment opportunity. The property features an existing five-year, renewable corporate lease set to expire in September 2029, with four additional five-year options remaining. Each option includes a 10% rental adjustment, ensuring a steady increase in rental income. Arby's assumed the lease from Jack's Family Restaurant in 1988 and has been successfully operating at this location ever since. This property offers a stable and lucrative investment with the potential for long-term growth. Don't miss out on this exceptional opportunity to invest in a well-established location with a reliable tenant.

Property Subtype:

Fast Food

Date on Market:

2025-04-04

Gadsden Retail for Sale - Etowah County

PRICE REDUCTION! | 6.85% CAP RATE | ABSOLUTE NNN | +14 YEARS | NO RENT HOLIDAY | ATTRACTIVE $16.44 ANNUAL RENT Colliers is pleased to present the opportunity to acquire an absolute NNN leased CVS Pharmacy with +14 years of remaining term and no rent holiday in Gadsden, AL. The property was built in 2000 for CVS. In 2019, CVS agreed to a rare 20-year lease extension, confirming CVS’s commitment to this trade area and building location. Attractively located in the low income tax, southern state of Alabama, CVS is paying a modest annual rent of $171,100. The $2,497,810 price offers an investor a very high credit corporate guarantee at a low price point rarely found in the market. The property is available debt-free. The owner is currently offering for sale similar CVS properties in Paducah, KY, and Black Mountain, NC. Both with 20-year extensions in 2019, absolute NNN leases, no-rent holidays, and low price points. The three properties can be purchased individually or as a portfolio.

Property Subtype:

Drug Store

Date on Market:

2025-03-26

Tuscaloosa Retail for Sale

Prime location at a signalized intersection along Highway 69 South, a highly trafficked retail corridor in Tuscaloosa, AL, which has grown 27.8% since 2000 Strong tenant with 69 locations across 12 U.S. states, including Alabama, Arizona, Arkansas, Florida, Georgia, Idaho, Kentucky, Mississippi, Nevada, Ohio, Tennessee, and West Virginia

Property Subtype:

Freestanding

Date on Market:

2025-03-11

Hueytown Retail for Sale - Bessemer

Colliers is proud to present the property at 3025 Allison-Bonnett Memorial Drive, Hueytown (Birmingham), AL 35023. The property presents a premier investment opportunity in a high-performing retail asset. This 14,490-square-foot commercial property, located in the affluent retail submarket of Birmingham, is 100% leased to Walgreens, a leading national retailer. The tenant operates under a 15-year absolute NNN lease with approximately 12 years remaining, featuring zero landlord responsibilities and twelve 5-year renewal options, ensuring long-term income stability. Walgreens’ commitment to this location is evidenced by a recently signed lease extension and a rare 5% rent increase every five years, a distinction reserved for the chain’s top-performing stores nationwide, reflecting exceptional sales performance. Strategically situated across from a dominant, Publix-owned shopping center, the property benefits from significant foot traffic and proximity to a leading grocery anchor. Positioned in Hueytown, a wealthy Birmingham suburb, the site is supported by strong demographics, with a population of 241,719 and an average household income of $76,502 within a 10-mile radius.

Property Subtype:

Drug Store

Date on Market:

2025-02-13

Foley Retail for Sale - Baldwin County

Property Subtype:

Restaurant

Date on Market:

2025-02-13

Marbury Retail for Sale - Chilton County

Randall Commercial Group, LLC is please to exclusively offer for sale this brand new, free-standing Dollar General located in Marbury, AL. The subject property has a 15-year, NNN lease with a rent commencement date of May 14, 2025. The property is located at 989 County Road 63 in Marbury, AL, just 28-miles north of Alabama's capital city, Montgomery. In 2022, Montgomery announced a new multi-million dollar inland port facility which is an economic boon for the Montgomery MSA, including Marbury. In March 2024,the director of the Alabama Port Authority said since the development was announced there have been over $2.2 billion dollars of investments made around the facility. Dollar General is an investment-grade tenant with Standard and Poor's "BBB" credit rating.

Property Subtype:

Freestanding

Date on Market:

2025-01-27

Mobile Retail for Sale - West Mobile

CBRE is pleased to exclusively offer for sale the 6,926-square-foot Carrabba’s Italian Grill situated on 1.22 acres in Mobile, AL (MSA Population: 428,220). Carrabba’s absolute NNN lease features ±6.2 years of primary term remaining, four 5-year renewal options, and a corporate guaranty from Bloomin’ Brands, Inc.  Each year, rent increases by the lesser of (i) 1.75% or (ii) 1.7 times the CPI increase. This store boasts a long operating history with strong store sales. Since 2019, sales have increased 24%.

Property Subtype:

Restaurant

Date on Market:

2023-03-28

Birmingham Retail for Sale - Center Point

13,284 SF Retail Center on 1.21 acres The retail center houses Aculco Tires & Auto Care, Queen Nails, and two vacant 2,000 SF spaces The landlord is responsible for maintaining the roof and structure Tenants pay for their separately metered utilities (electricity, gas, and water) The landlord covers the cost of common outdoor lighting Property taxes are under protest with Jefferson County 50 paved and lighted parkway spaces Conveniently located on Parkway East, less than half a mile from I-59 access

Property Subtype:

Auto Repair

Date on Market:

2024-12-19

Birmingham Retail for Sale - Center Point

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the single-tenant, Absolute NNN leased CVS located at 2000 Center Point Parkway in Birmingham, Alabama (the “Property”). This is a dark location, CVS has 3+ years remaining on their lease and will continue to pay base rent and additional rent for the remainder of their primary lease term. The Property is situated on a highly visible corner parcel at the signalized intersection of 20th Avenue NW and Center Point Parkway (AL Route 75), the area’s primary commercial and commuter corridor. CVS enjoys outstanding visibility and frontage with two points of access and is surrounded by national and local retailers and restaurants that drive traffic to the area. Located in the northern portion of Birmingham, the Property lies in the heart of a densely populated residential neighborhood that provides a captive customer base. The Property is 12-miles from Birmingham’s Central Business District.

Property Subtype:

Drug Store

Date on Market:

2024-11-25

Mobile Portfolio of properties for Sale - West Mobile

Center available for sale. 4122 and 4124 Government is available for sale with 4120 Government Boulevard for $1,900,000. Call agent for details.

Date on Market:

2024-11-22

Theodore Industrial for Sale - Outlying Mobile County

Centennial Advisers presents the opportunity to acquire the fee-simple interest in an 89,770 SF industrial facility situated on approximately 5 acres in Theodore, Alabama, a key industrial submarket within the greater Mobile, Alabama metropolitan area. The property benefits from immediate access to major transportation corridors including Interstate 10 and U.S. Highway 90, providing strong regional connectivity across the Southeast. Located approximately 15 minutes from Mobile, Alabama’s third-largest city, the site sits within a major manufacturing and logistics hub anchored by maritime trade, aerospace, steel production, and industrial manufacturing. Mobile is also home to the Port of Mobile, the state’s only deepwater port, which is undergoing over $1 billion in capital expansion projects. The asset consists of a specialized heavy industrial manufacturing and service facility purpose-built for machining, repair, and assembly operations. The property includes 40,000 square feet of insulated and air-conditioned space and is equipped for heavy-duty industrial use with six crane ways, 11 crane hooks, and lifting capacities up to 25–30 tons. Ceiling heights range from 16 to 45 feet, supported by 3,500 amps of three-phase power, allowing the facility to handle large-scale industrial components and equipment. The property has also undergone over $3 million in recent capital improvements, including new paving designed for heavy truck access, a 3,000 pound compressed air tank, a 350kW diesel generator, skylights, and upgraded ventilation systems. The property is 100% leased to GEXPRO Services, operating through Frontier Technologies, under a new 10-year triple-net lease extension executed in April 2025. GEXPRO Services is a subsidiary of Distribution Solutions Group, a publicly traded  company on the New York Stock Exchange. The parent company generates approximately $17.3 billion in annual revenue, serves more than 120,000 customers globally, and employs roughly 3,000 people worldwide. Within this platform, GEXPRO Services generates approximately $496 million in annual revenue and employs more than 1,400 people across 30 locations in 9 countries. The property supports the maintenance, machining, and assembly of critical components used in wind energy infrastructure, an industry experiencing sustained long-term growth. Wind power is currently the largest renewable energy source in the United States, accounting for approximately 10% of total U.S. electricity generation. The country currently operates approximately 73,000 wind turbines producing more than 153,000 megawatts of power, enough electricity to supply roughly 46 million homes. Unlike many other energy sources, 99% of domestic wind energy installations are located on private land, allowing development and maintenance to occur without extensive federal permitting constraints. The global wind energy service and maintenance market was valued at approximately $17.9 billion in 2023 and is projected to grow to $27.24 billion by 2030. This investment offers stable long-term income backed by a very healthy and strong corporate tenant. The property is offered at an 8% cap rate at the list price, with a blended 10-year cap rate of approximately 8.37%, delivering an attractive 10% cash-on-cash return from day one. With a 25% down payment, investors can effectively recapture their entire initial equity through cash flow over the 10-year lease term.

Property Subtype:

Manufacturing

Date on Market:

2024-10-07

Auburn Retail for Sale - Lee County

Surmount is pleased to present the exclusive listing for a Main Street Auto located at 459 Opelika Rd, Auburn, AL 36830. The site consists of roughly 6,278 rentable square feet of building space on an estimated 0.71-acre parcel of land. This Main Street Auto is subject to a 20-year Triple Net (NNN) lease, which commenced 2/20/2025. The current annual rent is $205,000 and has scheduled increases of 2.00% annually starting 3/1/2031.

Property Subtype:

Auto Repair

Date on Market:

2024-09-06