1471 S Highway 21 Byp - Freestanding FOR SALE


Monroeville, AL 36460
$930,000 USD
480-718-5555
1471 S Highway 21 Byp, Monroeville, AL for Sale
$930,000 USD
Freestanding - FOR SALE
1/4
null | 8% Cap Rate

1471 S Highway 21 Byp
Monroeville, AL 36460


HIGHLIGHTS

  • 5+ years remaining on corporate lease with an ATTRACTIVE 15.8% rental escalation on last renewal option (January 1, 2032)!
  • Successfully open & operating since 1995 and currently in their 5th renewal option with an ATTRACTIVE 7.04% Rent to Sales Ratio!
  • Positioned on a ±0.826-acre lot – across the street from a Tractor Supply Co./ Marvin’s Anchored Retail Center with great visibility/access on AL-21 B
  • Priced below replacement cost with low rents in-place – $10.63 psf

OVERVIEW

Advance Auto Parts has 5+ years remaining on corporate lease with an ATTRACTIVE 15.8% rental escalation on last renewal option (January 1, 2032)! Advance Auto Parts, Inc. (NYSE: AAP | S&P BB Credit Rating | Moody’s Ba3 Rating) is a leading automotive aftermarket retailer serving both professional installers and do-it-yourself customers, operating 4,297 stores primarily in the U.S. with additional locations in Canada, Puerto Rico, and the U.S. Virgin Islands, and supporting 814 independently owned Carquest-branded stores across North America and the Caribbean. It is Successfully open & operating since 1995 and currently in their 5th renewal option with an ATTRACTIVE 7.04% Rent to Sales Ratio! Advanced Auto Parts is Priced below replacement cost with low rents in-place – $10.63 psf. The Asset is Positioned on a ±0.826-acre lot – across the street from a Tractor Supply Co./ Marvin’s Anchored Retail Center with great visibility/access on AL-21 Bypass with traffic counts of 5,967 CPD! Nearby retailers include Walmart Supercenter, Tractor Supply Co., Ace Hardware, True Value, Cato, Hibbett, Shoe Show, Farmers Home Furniture, Piggly Wiggly, Dollar General, Dollar Tree, Family Dollar, AT&T, Verizon, Cricket Wireless, Walgreens, O’Reilly Auto Parts, AutoZone, Anytime Fitness; Dining options include McDonald’s, Sonic Drive- In, Pizza Hut, Hardee’s, Guthrie’s, Subway, Huddle House, Captain D’s. It is 2 miles from Coastal Alabama Community College : Monroeville – a public, 2-year, comprehensive college that offers a variety of degree programs for university transfer, business technology & nursing; 1 mile from Monroe County Hospital – a 94-bed critical access hospital offering Emergency Care 24/7, Inpatient Care, Outpatient Services, and Surgical Procedures. According to Bureau of Labor Statistics (November 2025), Alabama’s rate at 2.7% | National unemployment rate at 4.6%

FOR SALE DETAILS

PRICE

$930,000 USD

PRICE/SF

$133 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ADVANCE AUTO PARTS – MONROEVILLE, AL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

C

APN/PARCEL ID

26010140000370010

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

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Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.