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12275 Highway 231
Meridianville, AL 35759

$4,749,830 USD

Drugstore For Sale  •  13,225 SF

Property Details

• Property Type Drugstore
• Total Building Size 13,225 SF
• Lot Size 1.77 AC
• Building Class C
• Year Built 2008
• Tenancy Single

0 Transit Score

39 Walk Score

Highlights

Long Term Commitment: Absolute NNN lease structure with 9.9 years remaining and no landlord responsibilities providing passive ownership

Location: The property has strong underlying real estate fundamentals / located on US-431, directly across from Publix and has an ADT of 32,000+ cars

Part of the Growing Huntsville Region: Huntsville/Madison has experienced steady population growth over the last decade

Demographics: Positioned at a signalized hard corner in a growing market of Huntsville MSA with AHHI in excess of $109,000 within 3 miles

Investment Grade Tenant: The lease is guaranteed by CVS Health Corp. which has a credit rating of BBB/Stable with S&P

Amenities

• Corner Lot
• Pylon Sign
• Signage
• Signalized Intersection
• Drive Thru

Public Transportation

Airport	Drive	Walk	Distance
Huntsville International-Carl T Jones Field	32 min	-	23.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	60
Type:	Surface
Included in Rent:	Yes