| Price: | $3,500,000 |
|---|---|
| Status: | Available |
| CAP: | 4.50% |
| Years Left: | 20.1 |
| Lease Type: |
2018 Build Dollar General With Over 12 Years Remaining on Lease. Limited Local Retail Competition – Closest Dollar Store is Over 10 Miles Away. Absolute NNN Lease Requiring Zero Landlord Responsibilities. Subject Property Sits on Large 2.3 Acre Parcel.
| Price: | $1,619,762 |
|---|---|
| Status: | Available |
| CAP: | 5.60% |
| Years Left: | 12.4 |
| Lease Type: |
2018 Build Dollar General With Over 12 Years Remaining on Lease. Limited Local Retail Competition – Closest Dollar Store is Over 10 Miles Away. Absolute NNN Lease Requiring Zero Landlord Responsibilities. Subject Property Sits on Large 2.3 Acre Parcel.
| Price: | $1,619,762 |
|---|---|
| Status: | Available |
| CAP: | 5.60% |
| Years Left: | 12.4 |
| Lease Type: |
7% CAP 2010 Build Dollar General – Mobile, AL MSA. Strong Demographics – 60,000+ 5 Mile Population. Zero HVAC Responsibility – DG Responsible for Repairs and Replacement. Great Visibility Along N Craft HWY – 7,000+ VPD. Large Concrete Parking Lot. Mobile is 3rd Largest City in the State of Alabama.
| Price: | $1,173,360 |
|---|---|
| Status: | Available |
| CAP: | 7.00% |
| Years Left: | 3.7 |
| Lease Type: |
Zero Landlord Responsibilities I Recently Remodeled In 2018 I Corporate Guaranteed. $108,000 – $125,000 INCOMES – More than 99,000 residents and nearly 56,000 employees support the 5-mile trade area.
| Price: | $4,106,000 |
|---|---|
| Status: | Available |
| CAP: | 5.50% |
| Years Left: | 3.9 |
| Lease Type: |
The property benefits from the immediate adjacency of surrounding schools and educational institutions such as Alabama State University (5,400+ students), Jefferson Davis High School (1,800+ students), Carver Senior High School (1,200+ students), Bellingrath Junior High School (500+ students), and Fitzpatrick Elementary School (500+ students).
| Price: | $2,527,000 |
|---|---|
| Status: | Available |
| CAP: | 4.75% |
| Years Left: | 18+ |
| Lease Type: |
Over 3 Years Remaining | Options to Extend | Franchisee Guaranteed | Experienced Operator (2,355 Units). Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities. Located Along S. Forest Avenue | Excellent Visibility | National/Credit Tenant Presence. Direct Residential Consumer Base | Local Demographics in 5-Mile Trade Area.
| Price: | $225,000 |
|---|---|
| Status: | Available |
| CAP: | 8.00% |
| Years Left: | 3.3 |
| Lease Type: |
Ideal Replacement Property for a 1031 Exchange. New 15yr Lease Extension Demonstrating Long-Term Commitment. NO Rent Holiday. Investment Grade Credit Baa2/BBB+. 25+ Years of Operational History at this Site.
| Price: | $2,318,320 |
|---|---|
| Status: | Available |
| CAP: | 5.00% |
| Years Left: | 15 |
| Lease Type: |
9.1% rent increase upcoming on January 1, 2023. Rare larger format store of 8,500 SF (converted CVS). High-end block construction. Located in Five Points, one of Huntsville’s trendiest neighborhoods. Strong demographics and high growth market.
| Price: | $1,148,000 |
|---|---|
| Status: | Available |
| CAP: | 5.75% |
| Years Left: | 6.4 |
| Lease Type: |
Paradigm is the Second Largest Hardee’s Franchisee Nationwide (110+ Locations). Continued Operations throughout Covid-19 Pandemic. Historical Strong Sales at this Location | Four (5 Year) Options to Extend.
| Price: | $2,082,800 |
|---|---|
| Status: | Available |
| CAP: | 5.50% |
| Years Left: | 12.8 |
| Lease Type: |
The property is operated by The Starboard Group which operates 98 Wendy’s. Long operating history; operated as Wendy’s for nearly 30 years. Store Remodeled in 2021. Low rent and healthy rent to sales ratio.
| Price: | $1,272,727 |
|---|---|
| Status: | Available |
| CAP: | 5.50% |
| Years Left: | 14.4 |
| Lease Type: |
Arby’s recently extended their lease term and added an additional 12 years. 1.50% annual escalations. Approximately a half-mile off Interstate 65 – traffic count of over 50,000 cars/day. AHI in the 1-mile radius is over $75,000.
| Price: | $2,467,196 |
|---|---|
| Status: | Available |
| CAP: | 4.65% |
| Years Left: | 12.7 |
| Lease Type: |
Brand New 10-Year Sale-Leaseback | GPS Hospitality – Strong Operator | Scheduled Rental Increases | Options to Extend. Absolute NNN Lease | Zero Landlord Responsibilities | Fee-Simple Ownership. Brand New Construction | Latest Prototype | Drive-Thru Equipped.
| Price: | $686,000 |
|---|---|
| Status: | Available |
| CAP: | 5.25% |
| Years Left: | 20.1 |
| Lease Type: |
Great Visibility Along 20th Avenue with Large Concrete Parking Lot. Adjacent to Walmart Anchored Retail Center, Creating Additional Customer Traffic. Healthy 5 Mile Demographics of 23,588 Residents.
| Price: | $1,093,750 |
|---|---|
| Status: | Available |
| CAP: | 5.60% |
| Years Left: | 10.5 |
| Lease Type: |
Restaurant opened May 2020. Lease term with no landlord responsibilities. 10% rent increases every 5 years during the initial 15-year base lease term and the 5, 5-year options. Raising Cane’s is located along Interstate 45 with excellent visibility to over 256,000 vehicles per day. Further, the property has direct access to the southbound entrance ramp for Interstate 45.
| Price: | $3,250,000 |
|---|---|
| Status: | Available |
| CAP: | 4.00% |
| Years Left: | 15 |
| Lease Type: |
Lease includes Five 5-year renewal options w/ 10% rent bumps at each renewal. The monthly rental income is $6,471.00, and the annual rental income is $77,652. The lease is guaranteed by Dollar General Corp (NYSE: DG), which boasts a stable BBB rating by Standard & Poor’s.
| Price: | $1,294,000 |
|---|---|
| Status: | Available |
| CAP: | 6.00% |
| Years Left: | 8.9 |
| Lease Type: |
Brand New 5-Year Lease | Sale Leaseback | Franchisee Guaranteed | Annual 2% Rent Increases. Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities. Signalized, Hard Corner Intersection | Drive-Thru Equipped | National/Credit Tenant Presence. Demographics in 5-Mile Trade Area.
| Price: | $1,231,000 |
|---|---|
| Status: | Available |
| CAP: | 6.50% |
| Years Left: | 5 |
| Lease Type: |
