Helena Shopping Center–“SOLD”

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.
• SOLD

SOLD