Retail    

Community Auto Repair

Cullman, AL

Asking Price

$900,000

Cap Rate

7.00%

Hammer-ConStruction-Icon-1

Year Built

1998

SquareFeet-Icon

Total Building Size

4,500 SF

Icons-Acreage

Lot Size

0.50AC

Icon_guarantee_shield-1

Ownership

Fee Simple

Icons_AbsNNN-Icon

Lease Type

Absolute NNN

For more details on this exclusive listing

By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.

INVESTMENT HIGHLIGHTS

  • New 15-Year Lease 
    The interim term will commence upon close of escrow.
  • Absolute NNN
    The absolute NNN expense structure creates a passive investment opportunity with no Landlord responsibilities.
  • Attractive Rent Increases
    2% annual rent increases provide a hedge against inflation and an increase in yield over time.
  • Functional Building 
    The Property features four service bays providing ample capacity.
  • High Traffic Location
    The Property is positioned along U.S. Route 278 (3rd St), one of the three main thoroughfares of the city, seeing more than 15,000 vehicles per day.

Exclusively Listed By

In Association With
Brian Lane

Alabama Broker #000079670

Northmarq

8343 Douglas Ave | Suite 600
Dallas, Texas  75225


northmarq.com