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Single-Tenant Medical Office

531 Saint Clair Street, Russellville, AL 35653

For Sale
Contact for pricing

An absolute NNN lease assigns building upkeep, taxes, insurance and utilities to the dental tenant.

Property SizeContact for details
Days on Market11

Property Features for 531 Saint Clair Street

General Information

Standard status Active
Property subtype Retail, Office
Net Operating Income $60,789

Financials

Asking Price $838,000
Cap Rate 7.25%

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Property Use Medical Office
Medical Specialty dental

Building Details

Tenancy Single
Listing Agency: Peranich Huffman Net Lease Group
Listed By: Harrison Warr · License #TX 773332
Source: Crexi
Added: Oct 30 Changed: Nov 8 Last Checked: Nov 8 at 5:14PM

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 Peranich Huffman Net Lease Group

Rey
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Investment Insights

Based on property information with market context.

This single-tenant medical office in Russellville is occupied by Singing River Dentistry. The absolute NNN lease assigns the tenant responsibility for maintaining, repairing and replacing the roof, foundation, structure, parking lot, HVAC and other building systems. The tenant also pays property taxes, insurance and utilities directly; the landlord has no maintenance or repair duties.

The lease runs through November 30, 2034, with annual rent increases of 2%. Five additional five-year options allow the tenant to extend the lease through November 2059. The property is located at 531 Saint Clair Street in Russellville, Alabama.

Key Highlights

  • Occupied by Singing River Dentistry
  • Absolute NNN lease places building‑system repairs and replacement with the tenant
  • Tenant pays property taxes, insurance and utilities directly

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Locksmith Carpet & Flooring Store Electrical Service Butcher Cafe & Coffee Shop Skin Care Clinic

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

466
Businesses Nearby
Balanced
Demand for This Use

Demographics for 35653, AL

12,239
Population
4,614
Households
2.7
Avg Household Size
35
Median Age
15%
College-Educated
76%
High-School Grad
149.7 sq mi
ZIP Area
82
Density / Sq Mi
$52,454
Median Household Income
$34,867
Median Earnings
$733
Median Rent
$117,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - An absolute NNN lease assigns building upkeep, taxes, insurance and utilities to the dental tenant.
Where is this medical office space located?
The property is located at 531 Saint Clair Street Russellville, AL.
What is the asking price?
The asking price for this property is $838,000.
What are key features of this property?
This property features: Occupied by Singing River Dentistry; Absolute NNN lease places building‑system repairs and replacement with the tenant; Tenant pays property taxes, insurance and utilities directly
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