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303 Main St NW
Hanceville, AL 35077
CVS Hanceville, AL | $3.65M | ±16.75 Years · Retail Property For Sale

Investment Highlights

  • ABS NET LEASE - Approx. 16 yrs & 11 mos remaining on the initial term of the lease with 10(5-yr) options. NNN lease with no LL responsibilities.
  • LIMITED CVS DRUGSTORE COMPETITION - This CVS is the only national brand drugstore in an 8-mile radius. The closest CVS is 8 miles NW of the subject.
  • MAIN AND MAIN LOCATION - Subject is on the main intersection in Hanceville off Hwy 31, one of the primary arteries running north from Birmingham.
  • DELIVERED FREE AND CLEAR OF DEBT - The subject property will be delivered free and clear of debt at closing.
  • CLOSE TO 208-BED NURSING HOME - Hanceville Nursing & Rehab Ctr located across the street. This facility a staff of 260 employees.
  • NEARBY COLLEGE - Located 1 mi S of Wallace State Community College, providing pharmacy svcs & conveniences for ±7,000 enrolled student each semester.

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
13,649 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.60 AC
Zoning
B-1
Frontage
182’ on Main St

Amenities

  • Signage

Property Taxes

Property Taxes

Parcel Number
23-04-20-0-004-063.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$8,940
  • Listing ID: 25170571

  • Date on Market: 3/3/2022

  • Last Updated:

  • Address: 303 Main St NW, Hanceville, AL 35077

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