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30033206
30033207

1052 Pelham Rd S, Jacksonville, AL 36265

JU
CA CA 01512755
JTU Net Lease Group
JP
CA 02336459
EO
CA 02138496
Listed by JTU Net Lease Group
$1,650,000
98 days on market
Updated 82 days ago

Advance Auto Parts & Gas Station Value Add Opportunity

Details
APN 0306-G-00309-0000-00
Property Type Retail
Sub Type Auto Shop, Gas Station
Square Footage 9,648
Net Rentable (SqFt) 9,648
Pumps 4
Cap Rate 8.42%
NOI $138,924
Tenancy Multi
Brand/Tenant Advanced Auto Parts
Lease Type NN
Lease Term 6.6
Lease Expiration 12/31/2028
Remaining Term 2.6
Rent Bumps Yes
Price per SqFt $171
Year Built 1993
Buildings 2
Stories 1
Acreage 2.800
Investment Type Value Add
Tenant Credit Corporate Guarantee, No Credit Rating
Lease Commencement 06/10/2022

Large 2.8 AC Lot

Marketing description

This 2.80-acre parcel is strategically occupied by two essential

service providers: Advance Auto Parts (NYSE: AAP) and the

Maverix Gas Station & C-Store. Positioned along a high-traffic

corridor between Jacksonville State University and Anniston,

the property benefits from exceptional visibility with traffic

counts exceeding 25,000 vehicles per day.

This investment is situated within a high-growth trade area that

generates nearly $190 million in annual retail sales and is

located just 0.3 miles from a Walmart Supercenter. Supported

by a young and dynamic demographic profile from the nearby

university and a stable industrial employment base including

Parker Hannifin and Federal Mogul, this dual-tenant offering

provides a resilient and diversified investment opportunity in

the heart of Jacksonville’s retail hub.

Investment highlights

• ExceptionalVisibility| The site benefitsfrom trafficcounts exceeding

25,000–26,000 vehiclesper day.

• StrongRetailSynergy| Positioned in the heart of a retail area including

Walmart, Lowe's,Walgreens, Chick-fil-A, and many more.

• Prime location near JacksonvilleState University

• CloseProximity to Walmart Supercenter | 0.3 Miles

• CloseProximity to Anniston RegionalAirport | 17 Miles

• Close Proximity to Major Industrial Employers(Parker Hannifin &

FederalMogul) | <3 Miles

Listing Contacts

JU
CA CA 01512755
JTU Net Lease Group
JP
CA 02336459
EO
CA 02138496
Listed by JTU Net Lease Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$138,924.00
$11,577.00/mo

Valuation Metrics

0
DSCR
8.42%
Cap Rate
8.42%
ROI

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