1641 Beltline Road SW

1641 Beltline Road SW, Decatur, AL 35601

Property Information

  • 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.

Contacts

Caroline Crain

Matthews Real Estate Investment Services

Location

Contact Listing Broker
Caroline Crain

Matthews Real Estate Investment Services

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.