Jasper Plaza – Jasper, AL

200 North Airport Road, Jasper, AL 35504, USA

Sands Investment Group is pleased to exclusively offer for sale the 9,299 SF Jasper Plaza NNN Asset located at 200 North Airport Road in Jasper, AL. The property is 87% leased, providing stable income with additional upside potential through remaining lease-up. It also includes a 1,023 SF master-leased space generating $22 PSF plus $3.55 PSF in Triple Net (NNN) income. Built to modern standards and surrounded by major national retailers, it is a prime, low-maintenance investment opportunity.

  • 87% leased strip center with immediate upside through lease-up of remaining vacancy.
  • 1,023 SF master-leased space generating $22 PSF plus $3.55 PSF Triple Net (NNN) at close.
  • Built in 2017 with minimal deferred maintenance and low capital expenditure needs.
  • Surrounded by national retailers like Walmart, The Home Depot, McDonald’s, T.J. Maxx, Petco, and Hobby Lobby.
  • Located just 40 minutes from Birmingham in a strong retail corridor.

 

BoR: Andrew Ackerman – Lic. AL #1089690

Price

$2,122,425

Cap Rate

7.75%

PREMISES

9,299 SF

RENEWAL OPTIONS

Varies

Lease Expiration

Varies

Lease Type

NNN

BROKERS

List with SIG

Tap into the expertise of brokers who specialize in your property type.

Get In Touch