Building Details

Year Built 1995

Tenancy Multi

Listing Agency: Exclusive Realty s**@exclusive-realty.com Show Phone

Listed By: Sam Wesson · License #6502426558

Source: Exclusive-realty

Added: Jun 25 Changed: Jul 10 Last Checked: Aug 11 at 6:36AM

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Investment Insights

Based on property information with market context.

This two-tenant net-lease retail investment is currently occupied by AT&T and Hibbett Sports. AT&T is operated by Blue Link Wireless as an AT&T Authorized Dealer with 210 locations, and the Hibbett Sports store has operated at the site since 2010. Both tenants are in their first renewal option periods, and each tenant has an additional five-year renewal option remaining.

The property is located at 1445 S. Alabama Avenue in Monroeville, Alabama, in the primary retail corridor serving Monroe County. The lease structure is described as modified NNN, with limited landlord responsibilities.

For buyers and investors seeking a credit-diversified retail profile, this offering provides exposure to two nationally recognized brands under long-term, net-leased arrangements. The recently installed Versico roofing system includes a warranty through 2036, adding a defined maintenance horizon. With tenants positioned in their renewal cycle and renewal options extending beyond the current term, the property is designed to support near-term stability while offering further option periods for both AT&T and Hibbett Sports.

Key Highlights

• Two‑tenant net‑lease retail investment occupied by AT&T (Blue Link Wireless) and Hibbett Sports
• Long‑term leases: both tenants are in their first renewal option periods with additional five‑year renewal option remaining
• Hibbett Sports has operated at the site since 2010

Property Analytics

Property Profile

Current Use

Hibbett Sports Clothing & Fashion Store

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Law Firm Real Estate Agency Kitchen & Bath Showroom Garden Center

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

Lease Details

Multi-tenant

Tenancy

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

193

Businesses Nearby

59k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 74% Shops & Services 19% Apparel 3% Electronics 3%

McDonald's Dining

16,337 visits/mo 0.3 miles

Hardee's Dining

8,224 visits/mo 0.4 miles

Guthrie's Dining

6,483 visits/mo 0.2 miles

Dollar General Shops & Services

5,525 visits/mo 0.4 miles

Pizza Hut Dining

5,426 visits/mo 0.2 miles

Demographics for 36460, AL

10,057

Population

4,700

Households

2.1

Avg Household Size

42

Median Age

15%

College-Educated

82%

High-School Grad

151.5 sq mi

ZIP Area

66

Density / Sq Mi

$35,000

Median Household Income

$32,433

Median Earnings

$648

Median Rent

$119,600

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

Questions? Ask Rey

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What type of property is this? Where is this nnn properties located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

NNN property - Net-leased retail anchored by AT&T and Hibbett Sports, each with renewal options and a warranty-backed roof replacement.

Where is this nnn property located?

The property is located at 1445 S Alabama Avenue Monroeville, AL.

What is the lease rate?

The lease rate is $875,000.

What are key features of this property?

This property features: Two‑tenant net‑lease retail investment occupied by AT&T (Blue Link Wireless) and Hibbett Sports; Long‑term leases: both tenants are in their first renewal option periods with additional five‑year renewal option remaining; Hibbett Sports has operated at the site since 2010