Restaurants /AL /Russell County /Phenix City /502 Martin Luther King Jr Pky
Restaurants /AL /Russell County /Phenix City /502 Martin Luther King Jr Pky

502 Martin Luther King Jr Pky - Restaurant FOR SALE


Phenix City, AL 36869 | 
$782,070 USD
770-528-0300
502 Martin Luther King Jr Pky, Phenix City, AL for Sale
$782,070 USD
Restaurant - FOR SALE
1/3
null | 8% Cap Rate
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502 Martin Luther King Jr Pky
Phenix City, AL 36869

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HIGHLIGHTS

  • Long term NNN lease in building
  • Profitable ATM in the parking lot

OVERVIEW

This opportunity presents a 1,890 square foot seafood market and restaurant situated at 502 US Hwy 431 in Phenix City, Alabama. The offering includes an Absolute Triple Net Lease (NNN), relieving the landlord of any property responsibilities and ensuring a secure investment.

FOR SALE DETAILS

PRICE

$782,070 USD

PRICE/SF

$414 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

502 MLK Blvd- Restaurant/ Retail

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

C3

APN/PARCEL ID

05-05-22-01-006-001.000

ASK ABOUT THIS PROPERTY

Charlie CrowderCrowder Realty, LLCMore Info
770-528-0300

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Charlie CrowderCrowder Realty, LLCMore Info
770-528-0300

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

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