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1881 Chace Dr
Hoover, AL 35244
 Retail Property For Sale

Drug Stores Alabama 1881 Chace Dr, Hoover, AL 35244

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Investment Highlights

  • 17,500 Vehicles Per Day
  • No Landlord Responsibilities
  • The lease is corporate guaranteed by CVS Health Corporation.
  • Located at the corner of a signalized intersection adjacent to numerous national credit tenants.

Executive Summary

Price is Inclusive of a Full Rent Credit for Rent Holiday (2/2032 - 1/2035)

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,561 SF
Building Class
B
Year Built
2009
Price
$4,225,000
Price Per SF
$311.56
Cap Rate
9%
NOI
$380,151
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.74 AC
Zoning
CC1
Parking
32 Spaces (1.45 Spaces per 1,000 SF Leased)
Frontage
177’ on Chace Dr

Amenities

  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

Property Taxes

Parcel Number 39-00-24-1-000-009.000 Improvements Assessment $0
Land Assessment $0 Total Assessment $645,960

Property Taxes

Parcel Number
39-00-24-1-000-009.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$645,960
 

  • Listing ID: 40214111

  • Date on Market: 4/20/2026

  • Last Updated:

  • Address: 1881 Chace Dr, Hoover, AL 35244

The Hoover/Vestavia Hills Retail Property at 1881 Chace Dr, Hoover, AL 35244 is currently available. Contact Net Leased Advisors for more information.

NEARBY LISTINGS

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