727 2nd Ave NW ave - Retail FOR SALE


Cullman, AL 35055
$3,426,000 USD
847-722-0865
727 2nd Ave NW ave, Cullman, AL for Sale
$3,426,000 USD
Retail - FOR SALE
1/4
null | 5.4% Cap Rate

727 2nd Ave NW ave
Cullman, AL 35055


HIGHLIGHTS

  • CORPORATE NET LEASE
  • GLOBALLY RECOGNIZED BRAND
  • INFLATION HEDGE
  • PASSIVE OWNERSHIP
  • HARD-CORNER AT SIGNALIZED INTERSECTION
  • HIGH PROFILE LOCATION

OVERVIEW

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this brand new Outback Steakhouse in Cullman, AL. The investment opportunity features a 15-year corporate backed ground lease with 10% rental increases every 5 years and four (4) 5-year options. Outback is scheduled to open for business December 3, 2025.

FOR SALE DETAILS

PRICE

$3,426,000 USD

PRICE/SF

$694 USD /SF

CAP RATE

5.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Outback Steakhouse - Cullman, AL

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,469 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Zack HilgendorfAtlantic Capital PartnersMore Info
847-722-0865

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Zack HilgendorfAtlantic Capital PartnersMore Info
847-722-0865

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