2609 Gault Ave - Fast Food FOR SALE


Fort Payne, AL 35967
$950,000 USD
205-870-8580
2609 Gault Ave, Fort Payne, AL for Sale
$950,000 USD
Fast Food - FOR SALE
1/15
null | Request Cap Rate

NEW


2609 Gault Ave
Fort Payne, AL 35967


OVERVIEW

Fully rehabbed QSR building on a busy road in Fort Payne, AL. This building is 3,849 sf located on 0.88± AC and is currently an active Fazoli’s franchise. Kitchen equipment, roof, bathrooms, dining area, exterior paint, HVAC and parking lot were all remodeled in 2022; furniture, fixtures, and equipment included in the sale. This is a turn key restaurant opportunity. Owner may consider a sale-leaseback but would prefer to sell the real estate and vacate. This building was originally constructed in 1994 as a Hardee’s and operated as such for 20+ years. This property sees 12,290 VPD on nearby Highway 11 and 8,511 VPD on Gault Avenue North. This property is directly across the street from Jack’s, KFC, Krystal, Arby’s, Subway, Pizza Hut, and WingStop, among other national credit retailers. Call or email Broker for additional information.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$247 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Fazoli's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

C-3 City of Fort Payne

APN/PARCEL ID

14-08-33-3-001-058.003

ASK ABOUT THIS PROPERTY

Alex KyriazisLAH Commercial Real EstateMore Info
205-870-8580

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Alex KyriazisLAH Commercial Real EstateMore Info
205-870-8580

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