STREAM Capital Partners > Properties > All Properties > Mutual Savings Credit Union

Mutual Savings Credit Union

Net Lease

907 Medical Center Parkway, Selma, Alabama
Ownership Type:
Fee Simple
Price:
$909,136
Cap Rate:
6.90%
Current Rent:
$62,730
Tenancy:
Single Tenant
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 13 years
Renewal Options:
3 5-yr Options
Building Sq. Ft.:
2,500 SF
Rent Increases:
2.25% Annually
Site Size:
1.04 Acres

Investment Highlights

  • Long-Term Stability: The Absolute NNN lease features 2.25% annual rent increases, providing predictable cash flow, consistent income growth, and zero landlord responsibilities.
  • Low Price Point: Priced below $1 million, the asset offers an attractive and accessible entry point into the net lease investment market.
  • Established Credit Union Guarantor: Founded in 1936, Mutual Savings Credit Union brings nearly 90 years of operating history and has expanded from serving U.S. Steel employees to a diversified membership base spanning 13 counties across Central Alabama.
  • Premier Medical Corridor Location: Strategically positioned along Medical Center Parkway within Selma’s primary healthcare district, surrounded by established medical practices, specialty providers and healthcare services.
  • Adjacent to Vaughan Regional Medical Center: Located immediately adjacent to the 175-bed Vaughan Regional Medical Center, a major regional healthcare provider employing 400+ professionals and serving an approximately 90,000-resident regional service area, creating consistent patient, employee and visitor traffic within the immediate corridor.
Ownership Type:
Fee Simple
Price:
$909,136
Cap Rate:
6.90%
Current Rent:
$62,730
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 13 years
Renewal Options:
3 5-yr Options
Building Sq. Ft.:
2,500 SF
Rent Increases:
2.25% Annually
Site Size:
1.04 Acres

Listing Agents

Adam English

Managing Director
256 694 9803[email protected]

Adam Baxter

Vice President
205 394 3520[email protected]

Jordan Williams

Senior Associate
205 209 5671[email protected]

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