Firestone NN Asset

Firestone | Selma, AL

Sands Investment Group is Pleased to Present Exclusively For Sale the Firestone NN Asset Located at 610 Broad Street in Selma, AL. This Deal Includes a Naked Lease & No ROFR, Providing an Opportunity to Renegotiate the Lease With Firestone & Increase Rent, Providing For a Unique Value-Add Investment.

  • A Tornado Came Through Selma, AL in 2023, Which in Turn Damaged This Site; Firestone is Currently Renovating the Entire Building & Replacing All the Equipment; Doors Are Planned to Be Reopened in Early March 2024
  • $15,600 in Rent Per Year; 1.17% Rent to Sales Ratio Based on 2022 Gross Revenue
  • Naked Lease & No ROFR, Providing an Opportunity to Renegotiate the Lease With Firestone & Increase Rent
  • Listing Price is Below Replacement Cost For a Comparable New Construction Firestone
  • Firestone Has Operating History at This Location Ranging Back to the 1950’s

BoR: Andrew Ackerman – Lic. AL #1089690

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Medical NN Lease

Song Eye Center | Selma, AL

Sands Investment Group is Pleased to Present Exclusively For Sale the 4,650 SF Song Eye Center Medical NN Lease Located at 1100 Medical Center Pkwy in Selma, Alabama. This Deal Includes a Net Lease Sale-Leaseback From a Strong Medical Practice, Providing For a Unique Investment.

  • Sale-Leaseback From a Strong Medical Practice
  • Well Below-Market Rents Ensure Long Term Return and a Safe Investment
  • The Song Eye Center is Less Than 500 Feet From the Vaughan Regional Medical Center Which is a 175-Bed Joint Commission-Accredited Facility
  • The Practice Has 20 Years of History Here Showing Commitment to the Location
  • Selma is About 35-Miles to Montgomery, AL
  • The Property Has Convenient Access to Highland Ave/Hwy 80 Which Sees Over 26,280 VPD
  • Selma is Known as the Butterfly Capital of Alabama
  • The City Has a Population of Approximately 16,000 Residents With a Secondary Service Area of 90,000 People
  • Selma is the County Seat of Dallas County and it is Located High on the Banks of the Alabama River
  • Nearby Tenants Include: Subway, YMCA, Holiday Inn Express, Walgreens, McDonald’s, Burger King, Taco Bell, Family Dollar and More

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

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