2620 McFarland Blvd - Restaurant FOR SALE
Tuscaloosa, AL 35401 |
2620 McFarland Blvd
Tuscaloosa, AL 35401
HIGHLIGHTS
- Absolute Triple Net Lease (NNN) | Zero Landlord Responsibilities
- Long Term, Corporate Guaranteed Lease with Over 15.5 Years Remaining | Creates a Low Risk, Bondable Investment
- Attractive 2% Annual Increases | Serves as a Hedge Against Inflation
- 1.5 Acres | Low Rent | Strong Redevelopment Potential
- Subject is a Part of the McFarland Plaza | 200,000 SF Shopping Center That Also Includes TJ Maxx, Home Goods, Michaels, Dollar General and Several Oth
- Extremely Dense Trade Area | Over 2.6M Square Feet of Existing Retail Space Within 1 Mile of the Subject
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Red Lobster | Covered Land Play
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
7508
STORIES
1
YEAR BUILT
1980
SPRINKLERS
-
PARKING SPACES
65
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
31-07-25-4-007-001.002
