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690 Academy Drive, Bessemer, AL

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690 Academy Drive

Bessemer, AL 35022 - Bessemer Submarket


Property Type:Retail Sub Type:- Status:Existing Year Built:2013
Building Size:19,097 SF Land Area:3.78 AC (164,657 SF)
For Sale Price:$3,524,590 Price/SF:$184.56
Cap Rate:-



Sale Notes:
Stan Johnson Company is pleased to offer for sale to qualified investors the opportunity to acquire a fee simple interest in the land and building of a new Tractor Supply Company-leased building located in Bessemer (Birmingham), AL. The Subject Property consists of approximately 3.78 acres and a 19,097 square foot building that was built in 2013. Tractor Supply Company is operating under a NN fifteen (15) year lease with approximately 11-1/4 years remaining. The Subject Property features ten percent (10%) rent increases every 5 years during the lease term and each of the four (4), five (5) year renewal options.

The Subject Property is located on Academy Drive just off Interstate 20 in Bessemer and in a large retail hub that includes several major tenants including Walmart Supercenter, Aldi, Hibbett Sports, Dollar Tree, Big Lots, McDonald' s, Sonic Drive-In, Burger King, Ruby Tuesday, Wendy' s, Zaxby' s and also several automobile dealerships. Average household income within a 5-mile radius of the property is $69,617.

Stan Johnson Company
Sharon Jordan
(918) 494-2690

Gill M Warner
(918) 494-2690 x512




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