Pet Suites Absolute Net
For Sale
Contact for pricing
2511 John Hawkins Pkwy, Hoover, AL 35244
New PetSuites is offered as a fully net, 20-year absolute lease with CPI rent increases every five years.
Property SizeContact for details
Days on Market143
Property Features for 2511 John Hawkins Pkwy
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
35,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2020
Listing Agency:
Hogan Real Estate
Listed By:
Justin R Phelps · License #KY 30498665
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 5:46AM
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 Hogan Real Estate
Investment Insights
Based on property information with market context.
This offering presents a fee simple interest in a newly constructed PetSuites operating under an absolute net lease structure. Construction began in early 2020, with rent commencement in late 2020. The original lease term is twenty (20) years with no termination rights, and CPI-based rental increases occur every five years. The lease is fully guaranteed by NVA Holdings, Inc., and the arrangement includes no landlord responsibilities for the owner.
The site is positioned directly along John Hawkins Parkway, a major five-lane road reported at over 35,000 VPD. The parkway extends from Hoover’s central trade district westward and runs parallel to I-459. The property is located near Lake Crest subdivision, The Grove Shopping Center (including Target, Kohl’s, At Home, and Marshall’s), and the Hoover YMCA, approximately one mile from I-459 exit 10.
The asset is being marketed as a passive investment with a fully net lease tenant structure and a long-term, non-terminable lease duration.
The site is positioned directly along John Hawkins Parkway, a major five-lane road reported at over 35,000 VPD. The parkway extends from Hoover’s central trade district westward and runs parallel to I-459. The property is located near Lake Crest subdivision, The Grove Shopping Center (including Target, Kohl’s, At Home, and Marshall’s), and the Hoover YMCA, approximately one mile from I-459 exit 10.
The asset is being marketed as a passive investment with a fully net lease tenant structure and a long-term, non-terminable lease duration.
Key Highlights
- 20‑year absolute net lease PetSuites with 100% fee simple interest offered to qualified investors
- Construction began in early 2020 with rent commencement in late 2020
- Lease is fully guaranteed by NVA Holdings, Inc. with no termination rights during the original 20‑year term
Property Analytics
Current Use
Lease Details
35,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
551
Businesses Nearby
Explore this area
Business Placement
Demographics for 35244, AL
37,448
Population
15,189
Households
2.5
Avg Household Size
39
Median Age
60%
College-Educated
97%
High-School Grad
23.9 sq mi
ZIP Area
1,567
Density / Sq Mi
$114,172
Median Household Income
$61,660
Median Earnings
$1,413
Median Rent
$390,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - New PetSuites is offered as a fully net, 20-year absolute lease with CPI rent increases every five years.
Where is this nnn property located?
The property is located at 2511 John Hawkins Pkwy Hoover, AL.
What are key features of this property?
This property features: 20‑year absolute net lease PetSuites with 100% fee simple interest offered to qualified investors; Construction began in early 2020 with rent commencement in late 2020; Lease is fully guaranteed by NVA Holdings, Inc. with no termination rights during the original 20‑year term
