Helena Shopping Center
Retail | 5.39% CAP | 17,652 SqFt
Marketing description
Nestled in the heart of Shelby County, Helena is one of the Birmingham area's most desirable communities, known for its small-town charm, outstanding schools, and exceptional quality of life. Combining scenic beauty with modern conveniences, Helena offers residents a welcoming atmosphere, vibrant community events, and easy access to major employment centers throughout the Birmingham metropolitan area.
Helena continues to experience steady population growth, with the city's population increasing from approximately 20,900 residents in 2020 to more than 23,000 today. This growth reflects the strong demand for housing and the community's reputation as one of the premier places to live in Alabama.
The local economy benefits from its location within Shelby County—one of Alabama's fastest-growing and most economically vibrant counties. The area boasts a diverse employment base, a highly educated workforce, and continued commercial investment. Residents enjoy convenient access to major employers, retail destinations, healthcare facilities, and recreational opportunities throughout the region.
Investment highlights
- Credit-Oriented Tenant Mix: Anchored by AutoZone, alongside established tenants including AL Aesthetic & Implant Dentistry, Alfa Insurance, and Domino's Pizza, providing a diverse and service-oriented rent roll.
- Long-Term Anchor Stability: AutoZone commenced a new lease in January 2026 with approximately 15 years remaining and multiple renewal options, featuring scheduled rental increases every five years.
- Attractive In-Place Cash Flow: Current Net Operating Income (NOI) of approximately $199,425, offering investors immediate income with future upside through contractual rent growth.
- Excellent Visibility & Access: Located adjacent to Chick-fil-A and McDonald's with traffic counts approaching 20,000 vehicles per day, providing strong exposure and consumer traffic.
- Strong Demographics: Average household incomes exceed $120,000 within the surrounding trade area, supported by nearly 84,000 residents within a five-mile radius.
- NNN Lease Structure: Predominantly triple-net lease structure helps minimize landlord responsibilities and expense exposure while providing predictable income.
- Established Community Asset: A 17,652-square-foot neighborhood shopping center situated on 2.17 acres with ample parking, serving the Helena market for decades and positioned to benefit from the area's continued growth and commercial investment
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
