904 Boll Weevil Cir - Auto Repair FOR SALE


Enterprise, AL 36330
$1,455,000 USD
980-498-3293
904 Boll Weevil Cir, Enterprise, AL for Sale
$1,455,000 USD
Auto Repair - FOR SALE
1/4
null | 5.5% Cap Rate

904 Boll Weevil Cir
Enterprise, AL 36330


HIGHLIGHTS

  • PRIME VISIBILITY & TRAFFIC VOLUME
  • NEARBY PLANNED INFRASTRUCTURE AND DEVELOPMENT
  • NATIONAL AUTOMOTIVE MARKET STRENGTH

OVERVIEW

STRONG LEASE FUNDAMENTALS - Absolute NNN Ground Lease with zero landlord obligations - Long term 15 Year Lease with 7 x 5 Year option periods remaining - 10% increases every 5 years NATIONAL AUTOMOTIVE MARKET STRENGTH - The U.S. vehicle fleet reached 286.5 million cars in 2024 with a record 14.1- year average age, driving 30–40% higher maintenance spend on older vehicles. Valvoline services 20M+ annual visits across its 1,800+ locations, supported by 70% repeat customers and oil-change intervals every 3–5 months - The broader automotive aftermarket surpassed $460B in 2024 and is projected to exceed $560B by 2028 as 70%+ of drivers now rely on professional service providers rather than DIY TIGHT RETAIL SUPPLY - The site is an outparcel to Hobby Lobby and nestled between two national QSRs - Traffic to this site is driven by EPark Place Shopping Center (Publix), Enterprise Shopping Center (Aldi and TJ Maxx), Walmart Supercenter & Dauphin Plaza Shopping Center - Within a 1-mile radius there is over 800K SF of retail & 12 month net absorption sits at 99.5% with a vacancy rate of 1.8% PRIME VISIBILITY & TRAFFIC VOLUME - The site is positioned along Boll Weevil Circle (36,755 VPD), Enterprise’s highest-volume commercial artery, carrying over 55% of all daily vehicular traffic within the city’s primary retail district & the primary east–west bypass linking Enterprise’s fastest-growing residential neighborhoods to major employment centers NEARBY PLANNED INFRASTRUCTURE AND DEVELOPMENT - The city is actively investing in a 300-acre industrial park with robust accompanying infrastructure - In 2024 Enterprise secured a $5.7 million grant under the state’s site development program (SEEDS) to prepare sites to be built on immediately ENTERPRISE MSA - Enterprise’s population has increased 9%+ since 2010, supported by the regional employment base tied to Fort Novosel (formerly Fort Rucker), which employs 10,000+ military and civilian personnel - The broader Coffee County trade area reaches 65,000 residents, while Alabama’s GDP grew 13%+ over the last five years, reinforcing stable consumer demand for auto services

FOR SALE DETAILS

PRICE

$1,455,000 USD

PRICE/SF

$728 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valvoline

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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