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Absolutely NNN-Leased Drugstore Building
For Sale
$9,000,000

9151 Moffett Rd, Semmes, AL 36575

Built in 1999, the retail building is offered fee simple and 100% leased to CVS Health under an absolute NNN structure.

Property Size10,260 SF
Lot Size1.38 Acres
Price / SF$877.19
Days on Market167

Property Features for 9151 Moffett Rd

General Information

Standard status Active
Size 10,260 SF
Lot size 1.38 Acres
Property subtype Retail
Occupancy 100%

Building Details

Building Size 10,260 SF
Year Built 1999
Tenancy Single
Listing Agency: Lee & Associates San Diego - Carlsbad
Listed By: Ryan Bennett · License #CalDRE #01826517
Source: Lee-associates
Added: May 8 Changed: Oct 20 Last Checked: Oct 20 at 5:11PM

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 Lee & Associates San Diego - Carlsbad

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Investment Insights

Based on property information with market context.

The property consists of a 10,260 square foot retail building built in 1999, situated on approximately 1.38 acres, and offered fee simple. The asset is 100% leased to CVS Health Corporation.

The lease is structured as an absolute NNN agreement, described in the offering as providing zero landlord responsibilities. CVS Health Corporation is identified as an investment-grade tenant with an S&P rating of BBB.

For investors, this is a stabilized, single-tenant retail asset with long-term operational continuity tied to CVS Health under the absolute NNN framework.

Key Highlights

  • 10,260 SF retail building built in 1999 offered fee simple
  • Approximately 1.38 acres
  • 100% leased to CVS Health Corporation

Property Analytics

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Current Use

CVS Photo (Bike/Boat/Book/etc) Store CDReload - Online Bitcoin ... Currency Exchange Service Redbox Cinema Buy Bitcoin Crypto Atm Leigh Ho Pharmacy

Suggested Use

Top Pick Dental Office HVAC Service Building Supply Auto Parts Store (Bike/Boat/Book/etc) Store Bakery

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

192
Businesses Nearby
Well-served
Demand for This Use

Demographics for 36575, AL

20,640
Population
8,488
Households
2.4
Avg Household Size
38
Median Age
21%
College-Educated
92%
High-School Grad
40.1 sq mi
ZIP Area
515
Density / Sq Mi
$69,381
Median Household Income
$44,462
Median Earnings
$1,063
Median Rent
$193,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Walgreens Pharmacy — 9179 Moffett Rd, Semmes, AL 36575
  • Leigh Ho — 9151 Moffett Rd, Semmes, AL 365755315
  • CVS Pharmacy — 9151 Moffett Rd, Semmes, AL 36575
  • Semmes Pharmacy — 8985 Moffett Rd, Semmes, AL 36575
  • Ruth A. Dean, RPh — 9082 Moffett Rd, Semmes, AL 36575

Frequently Asked Questions

What type of property is this?
Drug store - Built in 1999, the retail building is offered fee simple and 100% leased to CVS Health under an absolute NNN structure.
Where is this drug store located?
The property is located at 9151 Moffett Rd Semmes, AL.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: 10,260 SF retail building built in 1999 offered fee simple; Approximately 1.38 acres; 100% leased to CVS Health Corporation
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