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1010 Jordan Lane, Huntsville, AL

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1010 Jordan Lane

Huntsville, AL 35816 - North Huntsville Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1981
Building Size:3,600 SF Land Area:.26 AC (11,526 SF)
For Sale Price:$510,000 Price/SF:$141.67
Cap Rate:8.60 %
Parking:18 Surface spaces are available; Ratio of 5/1,000 SF

Sale Notes:
Subject property is a 3,600-square foot TitleBucks located in Huntsville, AL. Subject property has 4 years remaining on its first 5 year option with one additional five-year option to renew. This is a NN lease corporately backed by TitleMax with annual 2.5% rental increases. Landlord recent replaced the roof in June and comes with a transferable warranty. Surrounding retailers include Dollar General, KFC, Arby' s, McDonalds, Sonic, Popeye' s, Sonic and Walgreens.

Huntsville is a city located primarily in Madison County in the central part of the far northern region of Alabama. Huntsville' s population was 180,105 as of the 2010 census. Huntsville is the fourth-largest city in Alabama and the largest city in the five-county Huntsville-Decatur-Albertville, AL Combined Statistical Area, which at the 2013 census estimate had a total population of 683,871. The Huntsville Metropolitan Area' s population was 417,593 in 2010 to become the 2nd largest in Alabama. Huntsville metro' s population reached 441,000 by 2014.

SVN The Kase Group
Michael Paez
(415) 688-4273

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