See Flyer for details and / or contact Mark Dinan at 205-243-3434 (Call or Text) 7,000 +,- sf building on .62 +,- acres. Brick block construction built in 1998. Renovations 2024 374’ of road frontage on Montevallo Road/119. 22 Parking Spaces High visibility and exposure. Easy egress and ingress on Hwy 119 and 1st Street. At the Gateway of Hwy 119 Growth Corridor. Fantastic accessibility at the gateway to Alabaster. Less than 1 mile from I-65, Exit 238, just off 119. Zoned B-2 General Business, City of Alabaster Alabaster rated 39th Best Place to Live by Money. Remarkable 60% growth in the last 10 years. One of the fastest growing cities in Alabama. Strong Demographics. Over 345,000 residents located within 5 miles. High traffic counts 26,000 CPD on Hwy 119. Purchase Price: $950,000.00 Cap rate: 8.25% Lease Type: Modified Net Estimated 2024 NOI : $78,397 Ownership: Fee Simple Lease Expirations: Rent-A Center 12/31/2027 Natural Hair Care 11/30/2026 Renewal Options: Rent-A Center Option 1 (5 Year) $5,600/mo Option 2 (5 Year) $6,000/mo Natural Hair Care Option 1 (3 Year) $1,500/mo Credit: Rent-A-Center is $1.57 billion company owned by Upbound. History: Rent-A-Center at location since 1993. Upside market rent potential. Current market rent is higher than Rent-A-Center.