1117 US-231, Troy, AL 36081
Operating under an absolute NNN lease with scheduled annual increases and four 5-year renewal options.
Property Features for 1117 US-231
General Information
Site & Location
Building Details
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT
Investment Insights
Based on property information with market context.
The lease is structured as absolute NNN and began on 1/08/2020. Base-term rent increases are scheduled at 1.50% annually, with those increases continuing through 4, 5-Year Options. The property is offered for sale as a specialized automotive facility with a defined lease structure and renewal framework.
Key Highlights
- 3,206 rentable square feet of building space
- Estimated 0.21‑acre parcel
- Absolute NNN lease commenced 1/08/2020
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 36081, AL
Market
Vacancy Rate% for Retail in South region