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101 N Airport Rd
Jasper, AL 35504
CVS - New 20 Year Lease - No Rent Holiday · Retail Property For Sale
Investment Highlights
- Corporate Backed Long Term Lease – CVS signed a new 20 year lease underscoring their long term commitment to the site
- BBB Credit Rating by Standard & Poor’s – Tenant is publicly traded on the NYSE and reported annual revenues in excess of $266 billion in 2020
- Adjacent to Jasper Square – 107,000 square foot center anchored by Hobby Lobby and TJ Maxx
- Absolute Net Lease Structure – Zero landlord responsibilities for operating or capital expenses
- Outparcel to Jasper Marketplace – 54,000 square foot retail center anchored by Planet Fitness and Hibbett Sports
- Exposure Along Highway 78 – The City’s main traffic and retail corridor with combined daily traffic counts in excess of 36,100 vehicles
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,929 SF
Building Class
C
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.66 AC
Zoning
OT
Parking
62 Spaces (5.2 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Numbers | Improvements Assessment | $246,720 | |
| Land Assessment | $97,720 | Total Assessment | $344,440 |
Property Taxes
Parcel Numbers
Land Assessment
$97,720
Improvements Assessment
$246,720
Total Assessment
$344,440
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