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29771051
29771050

1445 S. Alabama Avenue, Monroeville, AL 36460

SW
SL3441642
Exclusive Realty
SS
MI MI 6502426558
Exclusive Realty
Listed by Exclusive Realty
$925,000
27 days on market
Updated 27 days ago
Opportunity zone

AT&T and Hibbett Sports

Details
Property Type Retail
Sub Type Shopping Center, Storefront
Square Footage 6,692
Net Rentable (SqFt) 6,692
Units 2
Cap Rate 7.91%
NOI $73,150
Occupancy 100%
Tenancy Multi
Brand/Tenant AT&T, Hibbett Sports
Lease Type NNN
Price per SqFt $138
Year Built 1995
Buildings 1
Stories 1
Acreage 0.600
Zoning Commercial
Investment Type Net Lease

Two-tenant retail Investment | 7.91% CAP | 6,692 Sq Ft

Marketing description

Exclusive Realty is pleased to present a two-tenant net-lease retail investment occupied by AT&T and Hibbett Sports in Monroeville, Alabama. The property offers stable, diversified cash flow from two nationally recognized brands operating under long-term leases with built-in renewal options. Both tenants are currently in their first renewal option periods, providing near-term income stability with additional option upside.

The asset is positioned along a primary commercial corridor serving as the dominant retail hub for Monroe County and surrounding rural trade areas. Limited competing retail supply, combined with Monroeville’s role as a county seat and regional service center, supports consistent daily traffic and tenant performance. Rents are in line with prevailing market levels, limiting downside risk at rollover.

The property benefits from a recently installed Versico roofing system with a long-term transferable warranty, reducing near-term capital exposure. With staggered lease expirations, market-rate rents, and a balanced tenant mix spanning essential services and soft-goods retail, the investment offers an attractive combination of yield, durability, and long-term optionality at a compelling entry cap rate.

Investment highlights

  • Two-tenant net-lease retail investment with diversified income

  • Occupied by nationally recognized brands: AT&T and Hibbett Sports

  • AT&T store is operated by Blue Link Wireless with 210 locations

  • One additional five-year renewal option remaining for each tenant

  • Market-level rents reduce re-tenanting and rollover risk

  • Long-standing tenancy: Hibbett Sports has operated at the site since 2010

  • Modified NNN lease structure with limited landlord responsibilities

  • Recently installed Versico roofing system with warranty through 2036

  • Located in the primary retail corridor serving Monroe County

  • Limited competing retail supply in the immediate trade area

Listing Contacts

SW
SL3441642
Exclusive Realty
SS
MI MI 6502426558
Exclusive Realty
Listed by Exclusive Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$73,150.00
$6,095.83/mo

Valuation Metrics

0
DSCR
7.91%
Cap Rate
7.91%
ROI

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