1837 Lee Avenue Ave - Retail FOR SALE
Cullman, AL 35055 |
1837 Lee Avenue Ave
Cullman, AL 35055
HIGHLIGHTS
- The subject property qualifies for Bonus Depreciation (please discuss with your accountant for more information).
- 2024 Built-to-Suit construction for Mach 1 Car Wash.
- Absolute NNN Lease with zero Landlord Responsibilities.
- 20-year lease with attractive 1.50% annual rent increases for the entirety of the lease (includes option periods).
- Densely populated retail corridor with national tenants such as Walmart, Lowe’s, ALDI, Chick-fil-A, Starbucks, AMC, Hobby Lobby, Planet Fitness
- Located adjacent to Heritage Park – a 72-acre sports complex, dog park, and trail. The park hosts more than 40 travel baseball and softball tournament
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
6400
STORIES
1
YEAR BUILT
2024
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
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