1811 2nd Ave E - Retail FOR SALE


Oneonta, AL 35121
$2,700,000 USD
332-345-4222
1811 2nd Ave E, Oneonta, AL for Sale
$2,700,000 USD
Retail - FOR SALE
1/2
null | 6% Cap Rate

1811 2nd Ave E
Oneonta, AL 35121


HIGHLIGHTS

  • 20-Year Absolute Triple Net (NNN) Lease
  • Strong Corporate Guarantee
  • Recession Resistant Due to Non Discretionary Nature of Services
  • Attractive Rent Increases

OVERVIEW

NNN Pro is pleased to present the exclusive listing for an Express Oil Change located at 1811 2nd Avenue East, Oneonta, AL 35121. The site consists of roughly 6,500 rentable square feet of building space on an estimated 1-acre parcel of land. This Express Oil Change is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $162,000 and has scheduled increases of 5.00% every 5 years.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$415 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Express Oil Change

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

1C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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