Property profile

100 Fieldstown Rd Gardendale, AL 35071

FOR SALE
Drug stores
Property ID
US03-0954603
14,490 SF Built 2001
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Property summary

AI-generated overview

Introducing an exceptional investment opportunity in Gardendale, Alabama - WALGREENS PHARMACY at 100 Fieldstown Rd . This 14,490 sq ft property features a prominent location with a high-traffic intersection, ensuring excellent visibility and accessibility. Strategically situated near renowned businesses like Publix, Chick-fil-A, and Walmart, the area boasts strong demographics with an average income of $85,000 and a population exceeding 25,000 within a 3-mile radius. Leased to Walgreens under a 60-year Double Net (NN) lease with an S&P-rated "BB" investment-grade corporate guaranty, this property offers stability and long-term reliability. The lease runs through October 31, 2026, with options and an annual rent of $376,000. With a drive-thru pharmacy and 54 parking spaces on a 1.30-acre lot, this investment presents an attractive opportunity in an area known for ongoing development and growth. Don't miss out on this prime commercial offering in a flourishing market.

Property profile

Verified
Property type Drug stores
Year built 2001
Total area 14,490 SF
UPID US03-0954603

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Pharmacy
  • Cinema (Bike/Boat/Book/etc) Store
  • Bank Credit Union
  • Pharmacy

Location

100 Fieldstown Rd Gardendale, AL 35071
Gardendale metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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