Pep Boys

730 Academy Drive, Bessemer, Alabama

$2,200,000

Details

Price : $2,200,000
Cap Rate : 5%
Building Size : 5,727 Sq Ft
Lot Size (AC) : 0.73
Year Built : 2001
Lease Type : Absolute NNN
Lease Expiration : 07-2019
Renewal Options : Three, 5-Year
Rental Increases : 10% Every 5 years
Status : Available
Property Type : Retail

Investment Highlights

8 Bays with Above Ground Electric Lifts
Surrounded by Numerous National Retailers
Average daily traffic of 21,670 Cars Per Day
Outstanding Location Directly at the Entrance of a Walmart Super Center

Description

This 5,727 square foot Pep Boys has 8 bays and is located at 730 Academy Drive in Bessemer, Alabama. The building was constructed in 2001 on a 31,835 square foot lot. Academy Drive carries an annual average daily traffic count of 21,670 cars per day by the site. Interstate 59/20 is less than one mile from the site. Interstate 20 travels east-west through South Carolina, Alabama, Georgia, Mississippi, Louisiana and Texas.

Outstanding location directly at the entrance of a Walmart Super Center Store with numerous other fine retailers such as Goody’s, Hibbett Sprts, Dollar Tree, Rent-A-Center, Payless Shoe Souce, Sonic, Wendy’s, Burger King, McDonalds, Church’s, Applebees, Cracker Barrel, Ruby Tuesday’s, Waffle House, Zaxby’s, Blockbuster.

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