Property profile

2731 Allison-Bonnett Memorial Dr Hueytown, AL 35023

OFF-MARKET
Retail properties & Spaces
6,984 SF 0.74 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 6,984 square foot, single-tenant, Fast Pace Health Urgent Care facility located in Hueytown, Alabama. The property, built in 2022, sits on a 0.74-acre lot at the hard corner of Allison-Bonnett Memorial Drive (29,725 vehicles per day) and Owen Circle, benefiting from high visibility and traffic. The building is currently 100% occupied under a Net Lease (NNN) agreement with a remaining lease term of 13.4 years, extending to March 31, 2038, with three 5-year option periods. The lease includes 10% rent increases every five years, providing inflation-resistant cash flow. The asking price is $4,145,000, representing a price per square foot of $593.50 and a 6.55% capitalization rate. The property's Net Operating Income (NOI) is $271,460. The property's location offers excellent access to major retailers including Walmart, Publix, and Walgreens, ensuring high foot traffic and strong market presence. The corporate guarantee minimizes landlord responsibilities, making this a low-maintenance, high-return investment. The property's address is 2731 Allison-Bonnett Memorial Dr, Hueytown, AL 35023, with the APN 30-00-21-3-003-002.003. This is a prime opportunity to acquire a stable, high-performing asset in a thriving market.

Property profile

Verified
Property type Retail properties & Spaces
Total area 6,984 SF
Lot 0.74 ac (32,234 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2731 Allison-Bonnett Memorial Dr Hueytown, AL 35023
Hueytown metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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