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7951 Highway 31
Calera, AL 35040

$1,518,494 USD

Auto Dealership For Sale  •  7,000 SF

Property Details

• Property Type Auto Dealership
• Total Building Size 7,000 SF
• Lot Size 0.71 AC
• Building Class C
• Year Built 2008
• Cap Rate 8.50 %
• Tenancy Single
• Zoning C

0 Transit Score

43 Walk Score

Highlights

Over Three Years Remaining on a Corporate Guaranteed Lease

Situated Just 30 Minutes From Birmingham, Alabama's SecondLargest City, With a Population of Over 195,000 Residents

Positioned Along US-31, a Major Thoroughfare Connecting Birmingham to Montgomery, Enhancing Visibility and Traffic to the Property

The Lease is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BBB- From S&P

Premier Leader in the Automotive Aftermarket Parts Industry With Over 4,700 Stores in Operation

Founded in 1932, Advance Auto Parts Employs Over 65,000 People Nationwide

Cap Rate:

8.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Advance Auto Parts	7,000 SF	1/31/2028

Amenities

• Pylon Sign
• Signage

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	42
Type:	Surface
Included in Rent:	Yes