7260 Gadsden Hwy - Fast Food FOR SALE


Trussville, AL 35173
$1,600,000 USD
470-344-2586
7260 Gadsden Hwy, Trussville, AL for Sale
$1,600,000 USD
Fast Food - FOR SALE
1/4

7260 Gadsden Hwy
Trussville, AL 35173


HIGHLIGHTS

  • Brand New 10-Year Lease | Strong & Growing Tenant | Scheduled Rental Increases | Brand New Construction
  • Absolute NNN | Zero Landlord Responsibilities |Fee Simple
  • Off I-59 | Near Signalized, Hard Corner | Directly Next to Publix | Strong National/Credit Tenant Presence | Nearby School
  • Ideal Demographics in 5-Mile Trade Area | Six-Figure Incomes

OVERVIEW

• The tenant just signed a brand new 10-year lease with 2 (5-year) options to extend, demonstrating their commitment to the site • Ellianos Coffee was founded in Lake City, Florida and currently has 74 operating locations with over 200 additional locations planned • The brand new site will feature a state-of-the-art design with high-quality materials • The lease features a 2% annual rental increases throughout initial term and options thereafter, steadily growing the NOI and providing a hedge against inflation

FOR SALE DETAILS

PRICE

$1,600,000 USD

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ellianos Coffee - Trussville AL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

-

APN/PARCEL ID

11-00-18-3-000-002.003

ASK ABOUT THIS PROPERTY

Michael BerkSRS Real Estate PartnersMore Info
470-344-2586

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Michael BerkSRS Real Estate PartnersMore Info
470-344-2586

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