- For Sale $6,345,000
- Property Type Retail
- Property Size 135,440 SF
- Lot Size 15.69 Acre
- Date Updated Nov 11, 2025
- Visibility/Traffic Count (VPD) 27,000
Description
• Rare Opportunity — Below-Market Rents in a Thriving Market:
Lowe’s has operated at this site for over 30 years. The location benefits from Decatur’s proximity to Huntsville’s growth. Rents are below market average, offering long-term upside when the lease renews. The tenant’s strong history makes this a rare chance to acquire a stable, below-market tenant.
• National Corporate Credit Tenant:
Lowe’s, rated S&P: BBB+ Stable, is a major national retailer with investment-grade credit — ensuring reliable income and financial strength.
• Long-Term Commitment:
Lowe’s has been operating here since 1990, showing over three decades of proven performance and commitment.
• Large Building & Parcel:
The property has a large-format store and parcel size, giving long-term intrinsic value and flexibility for redevelopment or re-use.
• Strong Rent Growth & Built-In Upside:
The tenant is in the 2nd of six option periods, with 6% rent increases at each option. This structure allows compounding income growth, and future renewals would bring rents up to market levels, increasing value.
• Prime Retail Corridor Location:
Located on Beltline Road (±27,000 VPD), Decatur’s main retail artery. It’s next to Publix and other national retailers, ensuring steady consumer traffic.
• Explosive Regional Growth:
Decatur benefits from nearby Huntsville’s expansion — including the U.S. Space Command presence, driving population and economic growth, and ensuring strong long-term demand.
• Institutional-Grade Investment:
The asset combines rare tenancy, long-term history, rent growth, market strength, and real estate value, making it attractive for core, long-term, and 1031 exchange buyers.
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Contacts
Matthews Real Estate Investment Services
Location
Matthews Real Estate Investment Services