Property profile

420 Fieldstown Rd Gardendale, AL 35071

FOR SALE
Retail properties & Spaces
Property ID
US03-2912639
4,077 SF Built 2023
Entity Owned 3-yr Hold
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 4,077 square foot storefront located at 420 Fieldstown Rd, Gardendale, Alabama, 35071. The property, built in 2023, sits on a 0.61-acre lot and is currently 100% occupied by Mach-1 Express Wash under a triple-net (NNN) lease. The lease commenced August 16, 2023, and extends for a substantial 19-year term, expiring August 15, 2042, leaving a remaining term of approximately 17.7 years. The asking price is $5,854,580, translating to a price per square foot of $1,567.57. This stabilized investment boasts an average annual rent value of $383,475, yielding a 6.55% cap rate. The property is part of a larger two-building portfolio in Alabama

Property profile

Verified
Property type Retail properties & Spaces
Year built 2023
Total area 4,077 SF
UPID US03-2912639

Cap rate & NOI

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

Location

420 Fieldstown Rd Gardendale, AL 35071
Gardendale metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2023
3 recorded transactions
2023
$4.8M
2022
$620,000
2021
$460,000

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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