Property summary
This exceptional investment opportunity presents a 13,992 square-foot CVS Pharmacy situated on a 2.51-acre lot in Columbiana, Alabama, within the Birmingham MSA. Built in 2010, the property boasts a 25.1-year absolute NNN lease with CVS Pharmacy, a credit-rated tenant, leaving 11.2 years remaining on the primary term, plus ten 5-year renewal options. The lease commenced December 17, 2010, and expires January 31, 2036. The property generates a substantial net operating income (NOI) of… $275,476, representing a 6.50% cap rate on the $4,238,092 asking price, or $302.89 per square foot. The property enjoys 100% occupancy and benefits from a corporate guaranty. Strategically located at 227 W College St, Columbiana, AL 35051, the property benefits from high traffic counts (20,400 vehicles per day) at the intersection of West College Street and SR 25. Nearby national tenants include Piggly Wiggly, O'Reilly Auto Parts, McDonald's, Regions Bank, Dollar Tree, Circle K, and NAPA Auto Parts. The property's proximity to the Shelby County Sheriff's Office & Training Center and the Columbiana Sports Complex further enhances its visibility and desirability. Limited competition exists within a 13-mile radius, and the average annual household income within a seven-mile radius exceeds $80,000. This presents a secure, long-term investment with a strong tenant and excellent location. Rent bumps are included in the lease.
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 · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 13,304 SF
- Lot area
- 2.51 ac
- Year built
- 2011
- Stories
- 1
- APN
- 217262001046000
- Assessed value · 2023
- $399,600
- Annual tax · 2023
- $21,578
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $21,578
- Selected cap rate
- Medical Building
- Office Building
- Retail Stores · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Columbiana 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.
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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