7264 Us-72 Hwy - Auto Repair FOR SALE
Madison, AL 35758 |
7264 Us-72 Hwy
Madison, AL 35758
HIGHLIGHTS
- Corporate Absolute NNN Lease - Leased to Christian Brothers Automotive with 1.50% Annual Rent Increases for Remaining Term Plus Options (5 x 10 Years
- Unique 10-Year Renewals - Investors will Benefit from 10-Year Renewal Terms in the Lease Options Providing Long-Term Stability
- Strong Tenant - Top-5 Auto Service and Repair Tenant in the Country with 284 Nationwide Sites
- Christian Brothers Continues to Expand - 15 New Stores in 2023 and Planned Target Growth in 5 States During the First Half of 2024
- Explosive Population Growth Within the Huntsville Metro - 3-Mile Population Growth of Approximately 40% Since 2010
- Huntsville Ranked as One of the Top Metros in the U.S. - Ranked #1 for Quality Living by U.S. News & World Report, 2022-2023
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Absolute NNN Corporate Christian Brothers
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
5231
STORIES
1
YEAR BUILT
2012
SPRINKLERS
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PARKING SPACES
32
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
15-08-27-0-001-013.000
