3720 Mary Taylor Rd - Fast Food FOR SALE
Birmingham, AL 35235 |
$2,357,725 USD
720-604-2220
3720 Mary Taylor Rd
Birmingham, AL 35235
HIGHLIGHTS
- Located in Birmingham, the largest MSA in Alabama
- New 20-year lease with10% annual rental increases every five years
- Absolute triple net lease with no landlord responsibilities
- Affluent area with average annual household income of over $122,000 within one mile
- Regional retail destination that includes Target, The Home Depot, Lowe’s, Best Buy, Hobby Lobby, and The Pinnacle (a 644K SF lifestyle center)
- Positioned just north of the Interstate 59 and Interstate 459 interchange
FOR SALE DETAILS
PRICE
$2,357,725 USD
PRICE/SF
$765 USD /SF
CAP RATE
6.15%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Freddy's Frozen Custard & Steakburgers
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.73 AC
LAND SF
31,799 SF
ZONING
C
APN/PARCEL ID
12-00-27-4-002-001.009
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720-604-2220
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720-604-2220
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