1837 Lee Avenue Ave - Retail FOR SALE
Cullman, AL 35055 |
$5,489,100 USD
615-521-6955
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).
- Less than 1 mile from a Walmart Distribution Center.
- Traffic counts over ±20,000 VPD on Cherokee Ave SW.
FOR SALE DETAILS
PRICE
$5,489,100 USD
PRICE/SF
$858 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Mach-1 Express Wash
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3 AC
LAND SF
130,680 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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615-521-6955
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615-521-6955
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