1910 Quintard Ave - Freestanding FOR SALE


Anniston, AL 36201
$1,575,000 USD
404-441-3849
1910 Quintard Ave, Anniston, AL for Sale
$1,575,000 USD
Freestanding - FOR SALE
1/13
null | 7.58% Cap Rate

1910 Quintard Ave
Anniston, AL 36201


HIGHLIGHTS

  • Recently-Extended Net Lease with Annual Rent Increases
  • Excellent Access & Visibility Along Quintard Avenue (29,758 VPD)
  • Just North of Downtown Anniston | 4.5 Miles to On-Ramp to I-20
  • 6.7 MSF of Retail, 2.3 MSF of Office, 5.8 MSF of Industrial & 2,688 Multifamily Units within a 5-Mile Radius
  • 11 Miles to Anniston Army Depot (Employs over 3,800 Personnel, Economic Impact of $1B)
  • Anniston-Oxford, AL MSA | Population: 114,730

OVERVIEW

The CBRE Net Lease Property Group is pleased to offer for sale the 3,022-square-foot Verizon Wireless situated on 0.64 acres in Anniston, Alabama (MSA Population: 114,730). Originally built in 2014, the building features a sales showroom and a corporate training room used for local/regional meetings. Verizon recently exercised its first renewal option through May 2029, and the lease enjoys a corporate guaranty from Cellular Sales of Knoxville, Inc., 1.5% annual rent increases through the remainder of the term and 3.0% annual increases in the two, 5-year renewal options.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$521 USD /SF

CAP RATE

7.58%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Verizon Wireless

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,952 SF

ZONING

-

APN/PARCEL ID

21-03-05-2-003-028.000

ASK ABOUT THIS PROPERTY

Christopher BosworthCBRE, Inc.More Info
404-441-3849

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Christopher BosworthCBRE, Inc.More Info
404-441-3849

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