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603 Highway 78 E - Advance Auto Parts, Jasper, AL

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603 Highway 78 E - Advance Auto Parts

Jasper, AL 35501-3836 - Walker County Submarket


Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:-
Building Size:7,000 SF Land Area:.9 AC (39,204 SF)
For Sale Price:$1,009,655 Price/SF:$144.24
Cap Rate:7.25 %



Sale Notes:
Advance Auto Parts is now available in Jasper, AL. Listed by Andrew Gross for Matthews Real Estate Investment Services.
Less than a 45-minute drive northwest of Birmingham, Alabama, the city of Jasper is a thriving retail hub and center of growing industrial development. Jasper' s 14,000 residents enjoy a prosperous business climate and one of the top-ranked school systems in the state. Located in northwest Alabama, its proximity to recreation areas such as Lewis Smith Lake, Walker County Lake and the Black Warrior River make Jasper a prime spot for fishing and boating activities.

High quality construction: Steel-framed with concrete block
Minimal landlord responsibilities Providing out-of-state investors with an incredible opportunity for passive income
Growing retail area Recently constructed Mattress Firm built next door to the subject property
Located in a Do-it-Yourself city, fitting into the Advance Auto Parts prototypical market
Advance Auto Parts has operated successfully at this location for nearly two decades
Market Cap of $11.84 Billion

Matthews Real Estate Investment Services
Andrew Gross
(310) 955-1773




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