1425 McFarland Blvd - Fast Food FOR SALE
Northport, AL 35476 |
$2,463,614 USD
214-692-2289
1425 McFarland Blvd
Northport, AL 35476
HIGHLIGHTS
- 15-Year absolute NNN lease with zero landlord responsibilities.
- 7.5% Rental increases every 5-years for the life of the lease.
- Brand new 2024 remodel for Tropical Smoothie & Cookie Plug.
- Single tenant building with a franchisee that is operating two concepts out of this location.
- Located directly across from Alabama’s busiest Chick-Fil-A.
- Several national retailers including Walmart Neighborhood Market, Publix, Hobby Lobby, Harbor Freight and many more.
FOR SALE DETAILS
PRICE
$2,463,614 USD
PRICE/SF
$1,073 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
TROPICAL SMOOTHIE & COOKIE PLUG
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
32
LAND DETAILS
LAND ACRES
0.51 AC
LAND SF
22,172 SF
ZONING
GC
APN/PARCEL ID
31-02-10-2-005-004.000
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214-692-2289
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214-692-2289
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