1311 5th Avenue SE Decatur, AL 35601

Building Details

Year Built

1989

Listing Agency SRS Real Estate Partners | Salt Lake City c***@srsre.com Show Phone

Listed by Cortland Lioi Show Phone

Source Srsre

Added: Jul 17 Checked: Jul 18 at 3:13 am

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Investment Insights

Based on property information with market context.

This absolute NNN auto service facility is occupied by Gerber Collision & Glass under an absolute NNN lease. The lease has over three years remaining, along with three (5-year) renewal options, supporting long-term occupancy at the location.

The lease structure includes 2% annual rental increases throughout the lease term and renewal options. For investors, this provides a built-in escalator within the existing lease and options.

Key Highlights

• Year built: 1989
• Gerber Collision & Glass occupies the property under an absolute NNN lease
• More than 3 years remaining on the lease term, with three 5‑year renewal options

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Similar Off Market Nearby

• Pull Start — 1603 3rd Ave SW, Decatur, AL 35601
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FAQs

What type of property is this?

Auto shop - Gerber Collision & Glass occupies an absolute NNN property with over three years remaining and multiple renewal options.

Where is this auto shop located?

The property is located at 1311 5th Avenue SE Decatur, AL.

What is the asking price?

The asking price for this property is $1,470,000.

What are key features of this property?

This property features: Year built: 1989; Gerber Collision & Glass occupies the property under an absolute NNN lease; More than 3 years remaining on the lease term, with three 5‑year renewal options