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 Features for 7951 Highway 31
General Information
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Investment Insights
Based on property information with market context.
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
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 35040, AL
Market
Vacancy Rate% for Retail in South region
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