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Auction Opportunity Zone

2-Tenant NNN Medical Investment Sale

Strong value-add with renewing leases

Listing Contacts

Auction

Bidding Starts: May 12 4:00 PM
Starting Bid:$500,000
Terms & Bid History
Address 

150 Tompkins St, Heflin, AL 36264

Show on Map
Auction Added
Apr 4, 2025
Time Since Last Update
19 hours

Details

Property TypeRetail, Office
SubtypeQSR/Fast Food, Medical Office
Investment TypeNet Lease
ClassA
Lease TypeNNN
Tenant CreditCorporate Guarantee
TenancyMulti
Number of Tenants2
Square Footage17,000
Occupancy100%
NOI$282,000
Units2
Year Built1997
Year Renovated2019
Buildings1
Stories1
ZoningBC-Business Commercial
Lot Size (acres)8.64
Parking (spaces)90
Rent Bumps6%
APN15 05 21 0 002 004.000

Marketing Description

Licensed Auctioneer of Record: David Farmer, AL 793.​

For registration requirements and regulations, please review here or contact Audrey Hanna | 518-625-8581 | ahanna@crexi.​com.​

Introducing a prime 2-Tenant NNN Medical Investment Opportunity - Southern Immediate Care, located at 150 Tompkins St, Heflin, AL 36264.​ This property boasts a total of 17,000 SF on 8.64 acres of land, featuring two tenants - Southern Immediate Care (7,820 SF) and Dr.​ Jason Junkins (9,180 SF).​ With an NOI of $282,000/year and significant value-add potential through lease renewals, this investment opportunity comes with a new roof (2024) and NNN leases ensuring stable income.​ The strategic location, just a 16-minute drive to Anniston-Oxford, offers high visibility with 8,146 AADT on AL 9 and 41,225 on I-20.​ Southern Immediate Care lease extends for 4 more years, presenting a strong anchor for consistent returns.​ Don't miss out on this lucrative investment with a recession-proof and internet-resistant asset in a thriving area with robust demographic and economic indicators!

  • Non-Contingent
  • Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price
  • Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum
  • $10,000 Participation Deposit

150 Tompkins St, Heflin, AL 36264

Investment Highlights

    Licensed Auctioneer of Record: David Farmer, AL 793

      • ​New roof in 2024
      • ​Strong value-add with renewing leases
        • ​Priced well below replacement cost, ensuring future stable income
          • ​Internet, pandemic, and recession proof asset
          • ​NNN lease with tenants responsible for property taxes, property insurance, CAM and roof structure

          Due Diligence

          Please execute confidentiality agreement to access the due diligence

          Listing Contacts


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