5960 Highway 72 - Fast Food FOR SALE


Gurley, AL 35748
$2,508,397 USD
332-345-4222
5960 Highway 72, Gurley, AL for Sale
$2,508,397 USD
Fast Food - FOR SALE
1/2
null | 5.75% Cap Rate

5960 Highway 72
Gurley, AL 35748


OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Burger King located at 5960 Hwy 72, Gurley, AL. The site consists of roughly 2,640 rentable square feet of building space on an estimated 2.4-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 $144,233 and has scheduled increases of 1.00% annually.

FOR SALE DETAILS

PRICE

$2,508,397 USD

PRICE/SF

$836 USD /SF

CAP RATE

5.75%

% 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

2025

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

2.4 AC

LAND SF

104,544 SF

ZONING

-

APN/PARCEL ID

19-01-11-0-000-011.009

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.