18874 Section St - Retail FOR SALE


Fairhope, AL 36532
$2,800,000 USD
251-583-8968
18874 Section St, Fairhope, AL for Sale
$2,800,000 USD
Retail - FOR SALE
1/2
null | Request Cap Rate

18874 Section St
Fairhope, AL 36532


OVERVIEW

18874 South Section St, Fairhope, AL 36532 Investment opportunity featuring the current home of DragonFly Foodbar. This property is being offered as a True NNN Lease investment, with the tenant responsible for all taxes, insurance, maintenance, and roof, providing a hands-off ownership structure for investors. The property consists of three parcels totaling approximately 2.5 acres, identified by PPINs 696, 67545, and 107350. DragonFly Foodbar is an established local business and will remain in place with multiple years remaining on their lease, providing immediate income to a new owner. One of the listing agents is the property owner and is a licensed real estate agent in the State of Alabama. Buyer to verify all information during the due diligence process.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$502 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2nd Gen Restaurant space near Dwn Fairhope

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

46-09-29-0-000-046.000

ASK ABOUT THIS PROPERTY

Sandy WiseWise Living Real EstateMore Info
251-583-8968

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Sandy WiseWise Living Real EstateMore Info
251-583-8968

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