Helena Shopping Center For Sale–UNDER CONTRACT
4685 Highway 17 Helena, AL 35080
Property Information
Helena Shopping Center – Investment Highlights
- Strategic Helena Location: Positioned on Highway 17 in the heart of Helena, Alabama, one of the Birmingham metro area’s fastest-growing and most desirable communities, benefiting from strong residential growth and high household incomes.
- Credit-Oriented Tenant Mix: Anchored by AutoZone, alongside established tenants including AL Aesthetic & Implant Dentistry, Alfa Insurance, and Domino’s Pizza, providing a diverse and service-oriented rent roll.
- Long-Term Anchor Stability: AutoZone commenced a new lease in January 2026 with approximately 15 years remaining and multiple renewal options, featuring scheduled rental increases every five years.
- Attractive In-Place Cash Flow: Current Net Operating Income (NOI) of approximately $199,425, offering investors immediate income with future upside through contractual rent growth.
- Excellent Visibility & Access: Located adjacent to Chick-fil-A and McDonald’s with traffic counts approaching 20,000 vehicles per day, providing strong exposure and consumer traffic.
- Strong Demographics: Average household incomes exceed $120,000 within the surrounding trade area, supported by nearly 84,000 residents within a five-mile radius.
- NNN Lease Structure: Predominantly triple-net lease structure helps minimize landlord responsibilities and expense exposure while providing predictable income.
- Established Community Asset: A 17,652-square-foot neighborhood shopping center situated on 2.17 acres with ample parking, serving the Helena market for decades and positioned to benefit from the area’s continued growth and commercial investment.
UNDER CONTRACT
For More Information Contact:
Michael Johnson
(205) 939-8233 Direct
mjohnson@engelrealty.com
Dan W. Anderson
(205) 939-8239 Direct
danderson@engelrealty.com