1998 US-31, Hartselle, AL, 35640
Gerber Collision & Glass
Key Information
Highlights
• Steady Rental Growth: Features 2.0% annual rent increases throughout the initial term and all option periods, providing a strong built-in hedge against inflation.
• Corporate Backing: Leased to JHCC Holdings LLC, which operates as a key brand under Boyd Group Services Inc. (Gerber Collision & Glass), combining local market strength with multi-billion-dollar public corporate stability.
• Brand-New TPO Roof: Property conditions include a brand-new TPO roof replacement, offering long-term structural warranty protection and heavily minimizing future landlord Cap-Ex risks.
• High-Traffic Corner Location: Situated on an expansive 1.8-acre corner parcel at U.S. Highway 31 and Peach Orchard Road, boasting strong visibility with approximately 21,320 vehicles per day (VPD).
• Strategic Retail Corridor: Positioned just down the road from a high-volume Lowe’s Home Improvement on Highway 31 — a major regional thoroughfare that directly connects the growing economies of Cullman and Decatur.
• Low Landlord Maintenance: Highly passive lease structure where the tenant pays utilities directly, handles day-to-day site repairs, and covers real estate taxes and insurance.
• Long-Term Site Commitment: Initial 10-year term with four (4), 5-year renewal options, giving this asset up to a 30-year total lease lifecycle.
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