14751 US-231 - Fast Food FOR SALE


Hazel Green, AL 35750
$2,900,000 USD
415-625-2114
14751 US-231, Hazel Green, AL for Sale
$2,900,000 USD
Fast Food - FOR SALE
1/4
null | 6.25% Cap Rate

14751 US-231
Hazel Green, AL 35750


HIGHLIGHTS

  • NEW 20-YEAR ABSOLUTE NNN GROUND LEASE
  • SCHEDULED RENT INCREASES OF 10% EVERY 5-YEARS DURING THE PRIMARY LEASE TERM & OPTIONS
  • OPEN 24 HOURS / 7-DAYS PER WEEK

OVERVIEW

NEW 20-YEAR ABSOLUTE NNN GROUND LEASE SCHEDULED RENT INCREASES OF 10% EVERY 5-YEARS DURING THE PRIMARY LEASE TERM & OPTIONS OPEN 24 HOURS / 7-DAYS PER WEEK LATEST WHATABURGER BUILDING DESIGN | LARGE OUTDOOR SEATING AREA HUNTSVILLE ALABAMA MSA LOCATION: RANKED AMONG COUNTRY’S MOST PROSPEROUS METROS FOR 2023 (BY MYELISTING.COM) WHATABURGER - RENOWNED BURGER CHAIN & RAPIDLY EXPANDING (1) Lease Terms, Building Specifications, and Demographics are estimates. Buyer is responsible for verifying during the Due Diligence process. (2) Source: https://huntsvillebusinessjournal.com

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$820 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whataburger - Huntsville MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,948 SF

ZONING

C

APN/PARCEL ID

04-06-13-4-000-060.004

ASK ABOUT THIS PROPERTY

John GlassThe Glass Group | Marcus & MillichapMore Info
415-625-2114

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John GlassThe Glass Group | Marcus & MillichapMore Info
415-625-2114

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