3125 Highway 78 E - Retail FOR SALE


Jasper, AL 35501
$2,542,373 USD
914-403-7574
3125 Highway 78 E, Jasper, AL for Sale
$2,542,373 USD
Retail - FOR SALE
1/3
null | 5.9% Cap Rate

3125 Highway 78 E
Jasper, AL 35501


HIGHLIGHTS

  • Excellent Corporate Guarantee from Leading Tire Retailer
  • Strong Frontage on Highway 78 East
  • Dense Retail Corridor | High-Performing Tenants
  • Expanding Market of Aging Vehicles

OVERVIEW

Surmount is pleased to present the exclusive listing for a Mavis Tires & Brakes located at 3125 Highway 78 East, Jasper, AL 35501. The site consists of roughly 6,979 rentable square feet of building space on an estimated 1.12-acre parcel of land. Mavis Tires & Brakes is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $150,000 and has scheduled increases of 5.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$2,542,373 USD

PRICE/SF

$364 USD /SF

CAP RATE

5.9%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mavis Tires & Brakes

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

OT

APN/PARCEL ID

17-01-11-1-102-013-0000

ASK ABOUT THIS PROPERTY

914-403-7574

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

914-403-7574

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