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Leased Auto Parts Retail Building
For Sale
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7951 Highway 31, Calera, AL 35040

7,000 SF Advance Auto Parts building offered for sale with an existing lease backed by a BB+/Ba1-rated tenant.

Property SizeContact for details
Days on Market108

Property Features for 7951 Highway 31

General Information

Standard status Active
Property subtype Retail
Listing Agency: Sands Investment Group Los Angeles
Listed By: Clifton McCrory · License #SC 99847
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 21 at 4:51PM

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 Sands Investment Group Los Angeles

Investment Insights

Based on property information with market context.

Sands Investment Group is pleased to exclusively offer for sale a 7,000 SF Advance Auto Parts retail property located at 7951 Highway 31 in Calera, Alabama. The sale includes an existing lease with Advance Auto Parts.

According to the seller’s materials, the lease is backed by Advance Auto Parts, which carries a BB+ credit rating from S&P and Ba1 from Moody’s. The tenant’s annual sales for 2024 are listed as $9.1 billion.

This offering is structured as a leased retail asset with the property’s current occupancy tied to the Advance Auto Parts lease.

Key Highlights

  • 7,000 SF Advance Auto Parts building for sale at 7951 Highway 31 in Calera, AL
  • Property includes an existing lease backed by Advance Auto Parts
  • Advance Auto Parts tenant credit rating: BB+ (S&P) and Ba1 (Moody's)

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Parking Lot & Garage Storage Facility Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

307
Businesses Nearby
47k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 71% Dining 29%
Dollar General Shops & Services
8,947 visits/mo 0.3 miles
Hardee's Dining
7,168 visits/mo 0.4 miles
MAPCO Mart Shops & Services
7,150 visits/mo 0.3 miles
Dollar General Shops & Services
6,089 visits/mo 0.3 miles
Little Caesars Pizza Dining
3,881 visits/mo 0.1 miles

Demographics for 35040, AL

19,214
Population
7,576
Households
2.5
Avg Household Size
34
Median Age
34%
College-Educated
92%
High-School Grad
77.9 sq mi
ZIP Area
247
Density / Sq Mi
$80,267
Median Household Income
$49,844
Median Earnings
$1,441
Median Rent
$210,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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  • E & J TIRE CENTER LLC 1221 20th Ave, Calera, AL 35040
  • “GALEX TIRES LLC 8425 US-31, Calera, AL 35040

Frequently Asked Questions

What type of property is this?
Auto shop - 7,000 SF Advance Auto Parts building offered for sale with an existing lease backed by a BB+/Ba1-rated tenant.
Where is this auto shop located?
The property is located at 7951 Highway 31 Calera, AL.
What are key features of this property?
This property features: 7,000 SF Advance Auto Parts building for sale at 7951 Highway 31 in Calera, AL; Property includes an existing lease backed by Advance Auto Parts; Advance Auto Parts tenant credit rating: BB+ (S&P) and Ba1 (Moody's)
More about this property
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