3500 Mastin Lake Rd NW - Drug Store FOR SALE
Huntsville, AL 35810 |
$2,988,235 USD
256-251-2667
3500 Mastin Lake Rd NW
Huntsville, AL 35810
HIGHLIGHTS
- Long-Term Operating History – Proven Tenant Commitment – Walgreens has operated at this location for over 23 years
- Corporate Guarantee by Strong National Tenant – The lease is corporately guaranteed by Walgreens
- Two Years Remaining on Absolute NNN Lease – The property offers two years of remaining term on an absolute triple-net (NNN) lease
- Hard Corner Location with Excellent Visibility and Traffic – Positioned on a hard corner along Mastin Lake Rd
FOR SALE DETAILS
PRICE
$2,988,235 USD
PRICE/SF
$199 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
74
LAND DETAILS
LAND ACRES
1.9 AC
LAND SF
82,764 SF
ZONING
C1
APN/PARCEL ID
14-05-15-4-002-076.000
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256-251-2667
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256-251-2667
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