This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

965 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

501 2nd Ave N

9,000 SF Retail Building Clanton, AL 35045 $2,676,025 CAD ($297 CAD/SF) 7.66% Cap Rate

Banks Alabama Clanton 501 2nd Ave N, Clanton, AL 35045

INVESTMENT HIGHLIGHTS

  • Property established as bank location in 1919 (formerly BB&T).
  • The Property is leased to Truist, the 9th largest bank in the United States.
  • Average household income of $61,459 within a 3-mile radius.
  • Within walking distance of 10 hotels and motels (over 825 rooms).
  • The Lease Agreement is "Absolute Net".
  • 3% Annual Rent increases.

EXECUTIVE SUMMARY

Kidder Mathews is pleased to present an exclusive investment offering for a single-tenant retail bank building located at 501 2nd Ave North, Clanton, AL 35045 (the "Property"). The Property is currently leased to Truist Bank ("Tenant") and is located next door to Clanton City Hall and across the street from the Chilton County Courthouse.

ATTACHMENTS

501 2nd Ave N_OM

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
9,000 SF
Building Class
B
Year Built
1965
Price
$2,676,025 CAD
Price Per SF
$297 CAD
Cap Rate
7.66%
NOI
$205,041 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.00 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Parking
34 Spaces (3.78 Spaces per 1,000 SF Leased)
Frontage
68 ft on 2nd Ave N

AMENITIES

  • Pylon Sign
  • Drive Thru
1 of 1

NEARBY MAJOR RETAILERS

Truist
The YMCA
Regions Bank
Winn-Dixie

PROPERTY TAXES

Parcel Number 1107363006007000 Improvements Assessment $210,474 CAD
Land Assessment $14,892 CAD Total Assessment $225,366 CAD

PROPERTY TAXES

Parcel Number
1107363006007000
Land Assessment
$14,892 CAD
Improvements Assessment
$210,474 CAD
Total Assessment
$225,366 CAD
(310) 312-1800

CONTACT

  • Listing ID: 32393571

  • Date on Market: 2024-07-09

  • Last Updated:

  • Address: 501 2nd Ave N, Clanton, AL 35045

The Retail Property at 501 2nd Ave N, Clanton, AL 35045 is currently available for sale. Contact Kidder Mathews for more information.

NEARBY LISTINGS

1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP
1/7
501 2nd Ave N, Clanton, AL for sale Building Photo- Image 1 of 7
Truist bank
501 2nd Ave N, Clanton, AL for sale Primary Photo- Image 2 of 7
Primary Photo
501 2nd Ave N, Clanton, AL for sale Building Photo- Image 3 of 7
Building Photo
501 2nd Ave N, Clanton, AL for sale Building Photo- Image 4 of 7
Building Photo
501 2nd Ave N, Clanton, AL for sale Building Photo- Image 5 of 7
Building Photo
501 2nd Ave N, Clanton, AL for sale Building Photo- Image 6 of 7
Building Photo

1 of 1

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

501 2nd Ave N
(310) 312-1800 x

501 2nd Ave N

Charles DeSantis

(310) 312-1800

(310) 312-1800

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link