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NN Walgreens in Bessemer, Alabama

1815 9th Ave N, Bessemer, AL 35020

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For Sale

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NN Walgreens for sale in a growing Alabama market.

Type:Retail

Property size:

15,120 SF

Price / SF:

$235/SF

HighLights

Long‑term NNN lease with Walgreens provides stable, passive income.
Strategically located on 9th Avenue North in a well‑established commercial corridor in Bessemer, Alabama.
High visibility and consistent traffic flow.
Proximity to schools and medical facilities.
Located in a strong, growing market supported by major employers and new industrial development.
Established in 2001.

We can help!

Contact an agent

Steve Sagmani

Learn more

For Sale

Contact for pricing

NN Walgreens for sale in a growing Alabama market.

Type:Retail

Property size:

15,120 SF

Price / SF:

$235/SF

Added:: Feb 11, 2026
Days on Market:: 136
Last Refresh:: Mar 17 at 1:15 pm

Property Features for 1815 9th Ave N

General Information

Standard status: Active
Size: 15,120 SF
Property subtype: Retail

Building Details

Year Built: 2001

We can help!

Contact an agent

Steve Sagmani

Listing office Exclusive Realty

Listing date Feb 11, 2026

Source Crexi

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 Exclusive Realty

HighLights

Long‑term NNN lease with Walgreens provides stable, passive income.
Strategically located on 9th Avenue North in a well‑established commercial corridor in Bessemer, Alabama.
High visibility and consistent traffic flow.
Proximity to schools and medical facilities.
Located in a strong, growing market supported by major employers and new industrial development.
Established in 2001.

Overview

This NN Walgreens property is located on 9th Avenue North in Bessemer, Alabama, southwest of Birmingham. The property, with a size of 15120 square feet, is situated in a well-established commercial corridor. The location benefits from consistent traffic and proximity to schools and medical facilities. The property is tenanted by a nationally recognized, investment-grade Walgreens, secured by a long-term NNN lease. This offers investors stable, passive income in a proven Alabama market.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$313.9k	$20.76
− Vacancy	−$12.2k	−$0.81
EGI	$301.6k	$19.95
− OpEx	−$75.4k	−$4.99
NOI	$226.2k	$14.96

15,120 SF · lease $20.76/SF/yr · vacancy 3.90% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$3.23M

$2.83M – $3.77M (±1% cap)

NOI $226,237 @ 7.0% cap · market cap 6.36%

Second Best

Retail

$3.02M

$2.64M – $3.52M (±1% cap)

NOI $211,155 @ 7.0% cap · market cap 5.94%

Theoretical Best

Office A

$5.20M

$4.55M – $6.07M (±1% cap)

NOI $364,111 @ 7.0% cap · market cap 10.24%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Walgreens Photo (Bike/Boat/Book/etc) Store Pauline K. Long, ... Pharmacy Amanda C. Balcerzak, ... Pharmacy Derek R. Dean, ... Pharmacy COVID-19 Drive-Thru Testing ... Pharmacy

Suggested Use

Similar Places Nearby

Pharmacy PX — Bessemer, AL 35020
Hometown Pharmacy Services LLC — 519 West Town Plaza, Bessemer, AL 35020
CVS Pharmacy — 901 9th Ave N, Bessemer, AL 35020
Adria Neely — 901 9th Ave N, Bessemer, AL 350205308
Alan Connell — 815 8th St N, Bessemer, AL 350205303

Location Insight

Map
Local Demand

City: Bessemer
County: Jefferson
State: Alabama
Longitude: -86.9607749
Latitude: 33.4056198

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For sale
Drug stores
AL
Bessemer
35020
1815 9th Ave N

What type of property is this?

Drug store - NN Walgreens for sale in a growing Alabama market.

Where is this drug store located?

The property is located at 1815 9th Ave N Bessemer, AL.

What is the asking price?

The asking price for this property is $3,555,556.

What are key features of this property?

This property features: Long‑term NNN lease with Walgreens provides stable, passive income.; Strategically located on 9th Avenue North in a well‑established commercial corridor in Bessemer, Alabama.; High visibility and consistent traffic flow.

1815 9th Ave N, Bessemer, AL 35020

NN Walgreens for sale in a growing Alabama market.

Property Features for 1815 9th Ave N

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Bessemer Church on 7 Acres

Bessemer Church or School Opportunity

Bessemer Commercial Property For Sale

Bessemer Automotive Business For Sale

Bessemer Medical Office Investment Opportunity

Multi-Building Retail and Sheds

Bessemer Investment Property For Sale

Bessemer Flex Industrial Asset

Retail - BESSEMER, AL

NNN Leased Medical Office Building

Renovated Warehouse Facility on 4.67 Acres

Hueytown Warehouse on 5+ Acres

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