For Sale
1 / 8
Property summary
This exceptional investment opportunity presents a 4,956 square foot Class A retail property leased to American Family Care in Pell City, Alabama. Located within the Birmingham MSA, this property boasts a prime location directly across from a high-performing Walmart and near other prominent national retailers including Chick-fil-A, Walgreens, Cracker Barrel, and Home Depot. The property's strategic positioning less than a block from the intersection of I-20 and US Highway 231 ensures exceptional visibility and accessibility. The tenant, American Family Care, is secured by a corporate guarantee under a new 15-year absolute NNN lease commencing August 1, 2023, and expiring July 31, 2038, leaving a substantial 13.7 years remaining. The lease includes annual rent increases based on CPI adjustments, with a 2% floor and no cap, providing consistent income growth. The property offers a compelling 6.18% cap rate and a strong net operating income (NOI) of $160,154, with a price per square foot of $522.90. This is a single-tenant, low-maintenance investment with significant long-term potential, offering a secure and attractive return for investors seeking a stable, high-performing asset in a thriving retail corridor. The asking price is $2,591,484. A 10-year lease option is also available.
Property profile
VerifiedCap rate & NOI
Current use
-
Pediatrician Physician
-
Physician
-
Physician
-
Medical Clinic
-
Physician
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
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight