2828 Jordan Ln NW - Auto Repair FOR SALE


Huntsville, AL 35816 | 
$1,000,000 USD
2828 Jordan Ln NW, Huntsville, AL for Sale
$1,000,000 USD
Auto Repair - FOR SALE
1/27
null | 7.2% Cap Rate

2828 Jordan Ln NW
Huntsville, AL 35816


HIGHLIGHTS

  • RENTAL INCREASES – The lease features 5% rental escalations throughout all four 5-year option periods, providing a hedge against inflation.
  • LARGE LOT – Situated on two adjacent parcels totaling 1.28-acres, the site offers exceptional visibility, easy accessibility, and ample space.
  • CORPORATE GUARANTEE – This location is operated by the Boyd Group and backed by a corporate guarantee, providing added financial stability.
  • STRONG RETAIL SYNERGY – The property is surrounded by nationally recognized retailers, including O'Reilly Auto Parts, AutoZone, Chick-fil-A, and Aldi
  • HIGH TRAFFIC AREA – The property benefits from excellent visibility along the Ardmore Hwy, a major thoroughfare in the area.
  • MARKET DOMINANT AUTO REPAIR – Gerber Collision has been in business for more than 85 years, operates 800+ locations, and has aggressive expansion plan

OVERVIEW

Prime Net Lease is pleased to present an exceptional opportunity to acquire the fee simple interest in a corporately guaranteed Gerber Collision & Glass located in Huntsville, Alabama. Built in 1979, this 7,057-square-foot facility sits on a substantial 1.28-acre site comprised of two adjacent parcels, offering excellent visibility, accessibility, and long-term operational flexibility. This asset is ideal for investors seeking stable income, minimal management responsibilities, and strong tenant credit. The property is secured by a Double Net (NN) lease with the Boyd Group and features 2.5 years remaining on the current term. The lease includes four 5-year renewal options, each providing 5% rental increases throughout the option periods—ensuring reliable income growth and enhancing the long-term value of the investment. Strategically positioned along Ardmore Highway, a well-traveled arterial roadway in Huntsville, the site benefits from strong traffic counts, consistent consumer draw, and excellent street visibility. The property’s sizable lot footprint and dual-parcel configuration create an attractive foundation for continued tenant success or potential future redevelopment. Located within a thriving commercial corridor, the property is surrounded by major national retailers such as O’Reilly Auto Parts, AutoZone, Chick-fil-A, Aldi, Trader Joe’s, and Sam’s Club. This high-profile retail synergy reinforces the strength of the location and further supports long-term tenant demand. As one of the nation’s leading auto repair operators—with 85+ years in business and more than 800 locations—Gerber Collision continues to demonstrate strong brand resilience and aggressive expansion across the U.S. Coupled with a corporate guarantee from the Boyd Group, this offering delivers a compelling combination of tenant credit, passive income, and strategic real estate fundamentals in one of Alabama’s fastest-growing markets.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$131 USD /SF

CAP RATE

7.2%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gerber Collision & Glass | Corp Guarantee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.28 AC

LAND SF

55,757 SF

ZONING

BG-1

APN/PARCEL ID

14-04-20-0-002-044.000

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