12276 Highway 231 431 N - Retail FOR SALE


Meridianville, AL 35759
$3,043,800 USD
602-687-6780
12276 Highway 231 431 N, Meridianville, AL for Sale
$3,043,800 USD
Retail - FOR SALE
1/5
null | 6.5% Cap Rate

12276 Highway 231 431 N
Meridianville, AL 35759


HIGHLIGHTS

  • 10 Years Remaining on Absolute Triple-Net (NNN) Lease - Drive Thru Location
  • 2% Annual Increases with Multiple Renewal Options
  • Located On Interstate 431 (26,513+ Cars Per Day)
  • Average Household Income Exceeds $113,000 in the Immediate Area
  • Within a 20-Minute Drive of Downtown Huntsville and The University of Alabama at Huntsville

FOR SALE DETAILS

PRICE

$3,043,800 USD

PRICE/SF

$868 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell / KFC

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

-

APN/PARCEL ID

08-04-18-0-001-013.000

ASK ABOUT THIS PROPERTY

Christopher LindMarcus & MillichapMore Info
602-687-6780

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Christopher LindMarcus & MillichapMore Info
602-687-6780

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.