net lease medical

MainStreet Family Care | Monroeville, AL


Sands Investment Group is Pleased to Present Exclusively For Sale the Net Lease Medical Property Located at 1195 S Alabama Avenue in Monroeville, Alabama.

  • Over 8 Years Remaining on a Double Net (NN) Lease With Four (4) Five (5) Year Option Periods
  • Landlord is Responsible For Roof and Structure (Structure Only; Includes Long Term Roof Warranty)
  • 10% Rent Increases Every 5 Years During Initial Term
  • 10.47% Cash-on-Cash Return
  • Site Sits 100 Yards From VF Factory Outlet, Which Has Sales Over $100 Million and Employs Over 1,000 Employees
  • Located 2-Miles From the Coastal Alabama Community College
  • MainStreet Family Care Operates Over 17 Clinics Across Alabama
  • Stable Regional Tenant Undergoing Rapid Growth
  • Property is Located Directly Along S Alabama Avenue Which Sees Over 8,100 VPD
  • Limited Competition in the Trade Area
  • Easy Access – Multiple Points of Entry
  • Nearby Tenants Include: Dollar General, McDonald’s, Walgreen’s, AutoZone, Aaron’s, Walmart, Subway, Piggly Wiggly, Dollar Tree and More

In Cooperation with BoR: Andrew Ackerman – Lic. #C0001099750

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