2720 John Hawkins Pky - Bank FOR SALE


Hoover, AL 35244
$2,500,000 USD
310-704-3616
2720 John Hawkins Pky, Hoover, AL for Sale
$2,500,000 USD
Bank - FOR SALE
1/8
null | 7.42% Cap Rate

2720 John Hawkins Pky
Hoover, AL 35244


HIGHLIGHTS

  • on the major retail corridor in Hoover
  • Costco and Walmart on either side of the property
  • long term lease with 3 options
  • rent increases with each option plus CAM

OVERVIEW

Trust Sale - This NNN freestanding building is tenanted by Heartland Dental located in the heart of Hoover. Retail surrounding the property include Costco, Embassy Suites, Walmart, Auto Dealerships, Publix, Aldi and numerous restaurants. 6 years remaining on the initial term with three 5 year options. Each option has a substantial increase rent and CAM. Delta Dental is a major credit tenant and is owned by KKR with nearly 1750 locations in 39 states.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$513 USD /SF

CAP RATE

7.42%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Drug Store, Fast Food, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

C2

APN/PARCEL ID

39-00-23-3-000-017.004

ASK ABOUT THIS PROPERTY

Todd WohlBraun InternationalMore Info
310-704-3616

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Todd WohlBraun InternationalMore Info
310-704-3616

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