Hughes Rd & Madison Blvd - Freestanding FOR SALE
Madison, AL 35758 |
$990,000 USD
858-373-3174
Hughes Rd & Madison Blvd
Madison, AL 35758
HIGHLIGHTS
- New 10-Year NNN Ground Lease with 10% Rental Increases Every 5 Years
- Strong Personal Guaranty, 4-Unit Operator in Alabama and Growing
- Brand New Drive-Thru Coffee Kiosk on Large Parcel
- Serving Over 87,000 Residents in Growing Trade Area
- Average Household Income Exceeds $124,000 in 3 Miles and $139,000 in 5 Miles
- Outparcel to Brand New Aldi, In the Heart of Regional Retail Hub with High-Performing Stores and Restaurants
FOR SALE DETAILS
PRICE
$990,000 USD
PRICE/SF
$1,523 USD /SF
CAP RATE
6.91%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Scooter's Coffee Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
7
LAND DETAILS
LAND ACRES
0.81 AC
LAND SF
35,284 SF
ZONING
C-1
APN/PARCEL ID
-
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858-373-3174
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858-373-3174
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
