502 Martin Luther King Jr Pky - Restaurant FOR SALE


Phenix City, AL 36869
$624,627 USD
770-528-0300
502 Martin Luther King Jr Pky, Phenix City, AL for Sale
$624,627 USD
Restaurant - FOR SALE
1/7
null | 10.2% Cap Rate

502 Martin Luther King Jr Pky
Phenix City, AL 36869


HIGHLIGHTS

  • Long term NNN lease in building
  • Profitable ATM in the parking lot

OVERVIEW

~FOR SALE: HIGH-TRAFFIC INCOME PROPERTY | PHENIX CITY, AL~ Prime Location on Busy US Hwy 431 Near Hwy 280Strategically positioned between two high-performing hotels – Hampton Inn & Quality Inn – and next to a thriving Marathon C-Store and Truck Stop. Outstanding Investment Opportunity Turnkey Income Property Surrounded by Dense Commercial Activity 10% Buyer Agent Commission Offered Property Highlights 1,890 SF Freestanding Building Large Monument Sign for Maximum Visibility Approx. 40 On-Site Parking Spaces Fully Equipped Restaurant – Includes All FF&E Income-Producing ATM Lease Included in Sale Over 38,000 Vehicles Per Day Pass This Site

FOR SALE DETAILS

PRICE

$624,627 USD

PRICE/SF

$330 USD /SF

CAP RATE

10.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Price Reduced: Rest/ Retail NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

C3

APN/PARCEL ID

05-05-22-01-006-001.000

ASK ABOUT THIS PROPERTY

Charlie CrowderCrowder Realty, LLCMore Info
770-528-0300

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Charlie CrowderCrowder Realty, LLCMore Info
770-528-0300

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