43137 US Highway 72 - Fast Food FOR SALE


Stevenson, AL 35772
$2,018,047 USD
332-345-4222
43137 US Highway 72, Stevenson, AL for Sale
$2,018,047 USD
Fast Food - FOR SALE
1/2
null | 6% Cap Rate

43137 US Highway 72
Stevenson, AL 35772


HIGHLIGHTS

  • Rare Corporate Guarantee
  • Dense Retail Corridor
  • Strong Frontage on Main Throughway in the Area

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Burger King located at 43137 US Hwy 72, Stevenson, AL. The site consists of roughly 3,418 rentable square feet of building space on an estimated 1.1-acre parcel of land. This Burger King is subject to a 20-year Triple Net (NNN) lease, which commenced 10/30/2018. The current annual rent is $121,083 and has scheduled increases of 1.00% annually.

FOR SALE DETAILS

PRICE

$2,018,047 USD

PRICE/SF

$590 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

-

APN/PARCEL ID

14-03-08-0-000-143.000

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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