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33869853
33869851

2600 N Jackson Hwy, Sheffield, AL 35660

JW
CA 02123733
CBRE - South Bay
TA
CA 01936642
CBRE - South Bay
RB
CA CA 01934760
CBRE - South Bay
KP
CA CA 02076597
CBRE - South Bay
CBRE - South Bay
Listed by CBRE - South Bay
$612,850
9 days on market
Updated 1 day ago

North American Title Loans | Sheffield, AL

Details
Property Type Retail
Sub Type Storefront, Financial Services
Square Footage 3,210
Net Rentable (SqFt) 3,210
Cap Rate 6.50%
NOI $39,835
Occupancy 100%
Tenancy Single
Brand/Tenant North American Title Loans
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 01/31/2045
Remaining Term 18.6
Rent Bumps Yes
Lease Options 2, 5-Year
Year Built 1960
Buildings 1
Stories 1
Acreage 0.550
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 01/28/2025
Ground Lease No

Abs NNN | 6.50% CAP | Corp. Guaranty

Marketing description

NORTH AMERICAN TITLE LOANS

North American Title Loans is a financial services company specializing in short-term title loans. They offer title loans, where borrowers use their vehicle’s title to secure loans up to $10,000. North American’s mission is to provide assistance to customers using a process that is convenient and hassle-free with terms are straightforward and transparent.

LONG-TERM ABSOLUTE TRIPLE NET (NNN) LEASE

There are 18+ years remaining on an Absolute Triple Net (NNN) lease, resulting in zero landlord management responsibilities. Tenant is responsible for property taxes, insurance, and all repairs & maintenance at the property, including the roof and structure. There are 3% annual rental increases built into the lease, providing positive rent growth and a hedge against inflation.

HARD, SIGNALIZED CORNER LOCATION

The subject property benefits from its location at the signalized intersection of N Jackson Hwy and E 2nd Street, providing maximum visibility and ingress/egress. The combined traffic counts at this intersection are 25,580+ vehicles per day.

CORPORATE GUARANTEE FROM SELECT MANAGEMENT RESOURCES

The lease is corporately guaranteed by Select Management Resources, LLC, the parent company of North American Title Loans, which has 425+ locations in 20 states across the United States and is rapidly expanding nationwide.

PRIMARY RETAIL CORRIDOR

The property sits along the primary retail corridor of Sheffield, with other nearby nationally recognized tenants including Walmart Supercenter, Planet Fitness, Tractor Supply Co., ALDI, AutoZone, O’Reilly Auto Parts, McDonald’s, and more.

Investment highlights

  • PRICING: $612,850
  • CAP RATE: 6.50%
  • NOI: $39,835
  • LEASE TERM: 18+ YEARS
  • GUARANTEE: CORPORATE

Listing Contacts

JW
CA 02123733
CBRE - South Bay
TA
CA 01936642
CBRE - South Bay
RB
CA CA 01934760
CBRE - South Bay
KP
CA CA 02076597
CBRE - South Bay
CBRE - South Bay
Listed by CBRE - South Bay

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$39,835.00
$3,319.58/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

Map

Zoning

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B-2 CommercialGeneral CommercialGeneral Business District
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Last updated Mar 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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