420 Fieldstown Rd Gardendale, AL 35071
For Sale
1 / 4
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.