Property summary
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
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Pharmacy
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Cinema (Bike/Boat/Book/etc) Store
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Bank Credit Union
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Pharmacy
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Gardendale market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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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.
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