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Property summary
This exceptional investment opportunity presents a single-tenant, absolute NNN leased CVS Pharmacy in Tallassee, Alabama. The 11,325 square foot building, constructed in 1997 and renovated in 2010, sits on a 1.4-acre lot with ample parking (4.24 spaces per 1,000 sq ft). The property boasts a highly favorable location at a hard corner with a signalized intersection, enjoying proximity to Tallassee High School, Tallassee Elementary, and Tallassee Community Hospital. The current lease,… commencing April 1, 2010, and expiring January 31, 2031, provides a remaining term of approximately 6.2 years, with six 5-year renewal options. Rent increases are structured at 7.15% for the first option period and 5% thereafter. The property generates a strong net operating income (NOI) of $157,416. The tenant, CVS Pharmacy, is a highly creditworthy national chain, providing significant investment security. Limited local competition further enhances the property's value. Nearby retailers include Dollar General, Super Goods, and Tractor Supply. The property's parcel ID is 20 04 18 3 304 001.001. This is an ideal investment for those seeking a stable, long-term, and high-performing retail asset. The trade area population exceeds 18,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 9 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 11,294 SF
- Lot area
- 1.4 ac
- Year built
- 1997
- Stories
- 1
- APN
- 20-04-18-3-304-001.001
- Assessed value · 2023
- $1,175,520
- Annual tax · 2023
- $7,153
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $7,153
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Tallassee market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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