CVS Drug Store with Long-Term
For Sale
Contact for pricing
1204 N Brindlee Mountain Pkwy, Arab, AL 35016
The property has an absolute-net lease extending through 2039.
Property Size11,546 SF
Days on Market144
Property Features for 1204 N Brindlee Mountain Pkwy
General Information
Standard status
Active
Size
11,546 SF
Property subtype
Retail
Site & Location
Corner Location
Yes
Traffic Count
14,300 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
Cushman & Wakefield - San Diego, California
Listed By:
Brandon Price · License #CA 01822998
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 3:04AM
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 Cushman & Wakefield - San Diego, California
Investment Insights
Based on property information with market context.
This 11,546-square-foot CVS drug store is subject to a new 20-year firm lease term that runs through 2039. The absolute-net structure places zero landlord responsibilities on the property owner. The agreement also provides four 5-year renewal options, with 5% rent increases between each option period.
The property occupies the intersection of Brindlee Mountain Parkway and 12th Avenue Northwest in Arab, Alabama. Walmart is situated just to the north, with Tractor Supply, Dollar Tree, McDonald’s, AutoZone, Advance Auto Parts, and other retailers in the surrounding area. Brindlee Mountain Parkway records daily traffic counts exceeding 14,300 vehicles.
CVS is publicly traded on the New York Stock Exchange under the ticker symbol CVS and carries a BBB credit rating from Standard & Poor’s.
The property occupies the intersection of Brindlee Mountain Parkway and 12th Avenue Northwest in Arab, Alabama. Walmart is situated just to the north, with Tractor Supply, Dollar Tree, McDonald’s, AutoZone, Advance Auto Parts, and other retailers in the surrounding area. Brindlee Mountain Parkway records daily traffic counts exceeding 14,300 vehicles.
CVS is publicly traded on the New York Stock Exchange under the ticker symbol CVS and carries a BBB credit rating from Standard & Poor’s.
Key Highlights
- 11,546‑square‑foot CVS drug store
- New 20‑year firm lease term running through 2039
- Absolute‑net lease with zero landlord responsibilities
Property Analytics
Property Profile
Current Use
Lease Details
14,300 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
200k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Superstores 27%
Shops & Services 26%
Home Improvements & Furnishings 6%
Walmart
Superstores
54,160 visits/mo
0.3 miles
Murphy USA
Shops & Services
18,294 visits/mo
0.4 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
14,246 visits/mo
0.2 miles
Taco Bell
Dining
13,337 visits/mo
0.1 miles
Wendy's
Dining
12,077 visits/mo
0.4 miles
Demographics for 35016, AL
17,495
Population
7,372
Households
2.4
Avg Household Size
42
Median Age
22%
College-Educated
89%
High-School Grad
79.0 sq mi
ZIP Area
221
Density / Sq Mi
$60,910
Median Household Income
$36,939
Median Earnings
$758
Median Rent
$192,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Jones Discount Pharmacy — 1036 N Brindlee Mountain Pkwy, Arab, AL 35016
- CVS Pharmacy — 1204 N Brindlee Mountain Pkwy, Arab, AL 35016, United States
- Walmart Pharmacy — 1450 N Brindlee Mountain Pkwy, Arab, AL 35016
Frequently Asked Questions
What type of property is this?
Drug store - The property has an absolute-net lease extending through 2039.
Where is this drug store located?
The property is located at 1204 N Brindlee Mountain Pkwy Arab, AL.
What are key features of this property?
This property features: 11,546‑square‑foot CVS drug store; New 20‑year firm lease term running through 2039; Absolute‑net lease with zero landlord responsibilities
