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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5350 Us-280 Harpersville, AL 35078

17,500 SF 0.94 ac lot Built 1970
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 17,500-square-foot auto shop in Harpersville, Alabama, situated on a 0.94-acre lot at 5350 US-280, zip code 35078. The property boasts a 20-year absolute triple-net (NNN) lease with a prominent, rapidly expanding corporate tenant, providing significant long-term stability and minimal landlord responsibilities. The lease commenced upon closing and features annual rent of $232,305, with built-in 2% annual rental increases, ensuring consistent income growth. The lease includes four, five-year renewal options, extending the potential lease term to a total of 40 years. The tenant's strong corporate guarantee further mitigates risk. Built in 1970, this 100% occupied property offers a compelling 7.00% cap rate, making it an attractive addition to any investment portfolio. The property's location in Shelby County provides excellent access and visibility. This is a turnkey investment with substantial upside potential. The property is currently generating a net operating income (NOI) of $232,305.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1970
Total area 17,500 SF
Lot 0.94 ac (40,946 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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