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Taco Bell / KFC 12276 Highway 231 431 N

3,507 SF 100% Leased Retail Building Meridianville, AL 35759 $3,043,800 ($868/SF) 6.50% Cap Rate

Retail Space Alabama Meridianville 12276 Highway 231 431 N, Meridianville, AL 35759

Investment Highlights

  • 10 Years Remaining on Absolute Triple-Net (NNN) Lease - Drive Thru Location
  • Located On Interstate 431 (26,513+ Cars Per Day)
  • Within a 20-Minute Drive of Downtown Huntsville and The University of Alabama at Huntsville
  • 2% Annual Increases with Multiple Renewal Options
  • Average Household Income Exceeds $113,000 in the Immediate Area

Attachments

TacoBell&KFCl_Meridianville, AL_Marketing Package

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
3,507 SF
Year Built
2001
Price
$3,043,800
Price Per SF
$868
Cap Rate
6.50%
NOI
$197,847
Percent Leased
100%
Building Height
1 Story
Building FAR
0.09
Lot Size
0.92 AC
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12276 Highway 231 431 N, Meridianville, AL - aerial map view - Image1
12276 Highway 231 431 N, Meridianville, AL - aerial map view - Image2
12276 Highway 231 431 N, Meridianville, AL - aerial map view - Image3

Nearby Major Retailers

Publix
First American Bank
Regions Bank
Waffle House
(602) 687-6780

Contacts

  • Listing ID: 33741040

  • Date on Market: 11/4/2024

  • Last Updated:

  • Address: 12276 Highway 231 431 N, Meridianville, AL 35759

The Retail Property at 12276 Highway 231 431 N, Meridianville, AL 35759 is currently available for sale. Contact Marcus & Millichap for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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Taco Bell / KFC | 12276 Highway 231 431 N
(602) 687-6780 x

Taco Bell / KFC | 12276 Highway 231 431 N

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Christopher Lind

(602) 687-6780

(602) 687-6780

Mark Ruble

(602) 687-6766

(602) 687-6766

Zack House

(602) 687-6650

(602) 687-6650

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