Aaron's (Phenix City, AL) | 1131 Highway 280 Byp
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Aaron's (Phenix City, AL) 1131 Highway 280 Byp
8,000 SF Retail Building Phenix City, AL 36867 $2,109,600 CAD ($264 CAD/SF) 8.97% Cap Rate
Investment Highlights
- This Location Has Operated Successfully as an Aaron’s Since the Building Was Constructed Specifically For the Business’s Purpose in 2006
- Corporately-Guaranteed Investment Property: The Aaron's Company, Inc. (NYSE: AAN) is a Leading, Technology-Enabled
- No Renewal Options Moving Forward Beyond November 2026 Offers an Investor the Ability to Raise Rents & Restructure the Lease
- This 8,000 SF Building Sits on a 1.40 Acre Parcel Strategically Located in Phenix City’s Primary Retail Corridor
- Positive Performance: Highly Rating Location on Google Reviews! The Company’s Q4 2022 Revenues Alone Were $589.6 Million
- Freestanding Building With Minimal Landlord Responsibilities Provides an Excellent Opportunity For a 1031 Exchange
Executive Summary
Sands Investment Group is Pleased to Exclusively Offer for Sale an 8,000 SF Aaron's Located at 1131 East 280 Bypass in Phenix City, AL. This Deal Includes a Corporately-Guaranteed Investment Property Located on a Freestanding Building With Minimal Landlord Responsibilities That Provides an Excellent Opportunity For a 1031 Exchange, Providing For a Secured Investment.
BoR: Andrew Ackerman - Lic. AL #1089690
BoR: Andrew Ackerman - Lic. AL #1089690
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,000 SF
Building Class
B
Year Built
2006
Price
$2,109,600 CAD
Price Per SF
$264 CAD
Cap Rate
8.97%
NOI
$189,128 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Land Acres
1.40 AC
Zoning
C4 - Intended to accommodate highway-related uses, such as retailing, automotive repairs, and trade shops
Frontage
152 ft on East 280 Bypass
Amenities
- Signage
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- The Aaron's Company, Inc.
- Retailer
- 8,000 SF
- $23.61 CAD
- Nov 2026
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| The Aaron's Company, Inc. | Retailer | 8,000 SF | $23.61 CAD | Nov 2026 |
PROPERTY TAXES
| Parcel Number | 05-05-16-01-008-074.000 | Improvements Assessment | $142,919 CAD |
| Land Assessment | $75,140 CAD | Total Assessment | $218,059 CAD |
PROPERTY TAXES
Parcel Number
05-05-16-01-008-074.000
Land Assessment
$75,140 CAD
Improvements Assessment
$142,919 CAD
Total Assessment
$218,059 CAD
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Griffin Reath -
Harry Archer -
Sands Investment Group
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Aaron's (Phenix City, AL) | 1131 Highway 280 Byp
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