596 Fieldstown Rd - Fast Food FOR SALE


Gardendale, AL 35071
$3,773,315 USD
332-345-4222
596 Fieldstown Rd, Gardendale, AL for Sale
$3,773,315 USD
Fast Food - FOR SALE
1/2
null | 6.85% Cap Rate

596 Fieldstown Rd
Gardendale, AL 35071


HIGHLIGHTS

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Approximately 19 Years Remaining
  • 2.00% Rental Increases Occurring Annually

OVERVIEW

The NNN Pro Group is pleased to present the exclusive listing for the Caliber Car Wash located at 596 Fieldstown Rd, Gardendale, AL 35071. The site will consist of roughly 3,648 rentable square feet of building space on estimated 1.15-acre parcel of land. The Caliber Car Wash is subject to an absolute triple-net (NNN) lease that commenced on 4/08/2022. The initial annual rent is $258,472 and is scheduled to increase by 2.00% annually throughout the base term and continuing through 3, 5-Year Options.

FOR SALE DETAILS

PRICE

$3,773,315 USD

PRICE/SF

$1,034 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caliber Car Wash

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

C2

APN/PARCEL ID

14-00-11-4-010-008.000

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.