1901 11Th Ave Haleyville, AL 35565
This exceptional investment opportunity presents a fee-simple, 12,111 square foot CVS Pharmacy in Haleyville, Alabama. Boasting a strong 5.75% cap rate and a substantial remaining lease term of 16.2 years (expiring 01/31/2041), this single-tenant, absolute NNN property offers significant passive income potential. Located on a hard corner lot (1.3 acres) at a major intersection on State Route 13, the property benefits from high visibility and convenient access. The lease includes rent bumps with options for flat increases or adjustments based on fair market value. The property's strategic location within a thriving retail corridor, near other national brands, a planned multi-family development, and major employers, including a large manufacturing facility and Lakeland Community Hospital, ensures consistent demand and long-term stability. The property is also conveniently located near recreational areas, schools, and other amenities. This is a rare opportunity to acquire a well-positioned, low-maintenance, high-performing retail investment with a blue-chip tenant. The property's strong financials, coupled with its prime location and long-term lease, make it an ideal addition to any diversified portfolio. The asking price is $3,808,296, with a price per square foot of $314.45 and a Net Operating Income (NOI) of $218,977. The property was built in 2015 and features a single story.
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Senior Citizens Services Community Center
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The Haleyville Swimming Pool Swimming Pool Family Recreation Center
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CVS Photo (Bike/Boat/Book/etc) Store
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LibertyX Bitcoin ATM Atm
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Julie Murray Pharmacy
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.