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TROPICAL SMOOTHIE & COOKIE PLUG 1425 McFarland Blvd

2,296 SF 100% Leased Retail Building Northport, AL 35476 $2,660,704 ($1,159/SF) 6.25% Cap Rate

Retail Space Alabama Northport 1425 McFarland Blvd, Northport, AL 35476

Investment Highlights

  • 15-Year absolute NNN lease with zero landlord responsibilities.
  • Brand new 2024 remodel for Tropical Smoothie & Cookie Plug.
  • Located directly across from Alabama’s busiest Chick-Fil-A.
  • 7.5% Rental increases every 5-years for the life of the lease.
  • Single tenant building with a franchisee that is operating two concepts out of this location.
  • Several national retailers including Walmart Neighborhood Market, Publix, Hobby Lobby, Harbor Freight and many more.

Executive Summary

Broker of Record
Kyle Matthews
License No. 000110253 - 0 (AL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,296 SF
Building Class
B
Year Built
2024
Price
$2,660,704
Price Per SF
$1,159
Cap Rate
6.25%
NOI
$166,294
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
0.51 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
GC - Commercial
Parking
32 Spaces (13.94 Spaces per 1,000 SF Leased)
Frontage
108 FT on Mcfarland Blvd

Amenities

  • 24 Hour Access
  • Pylon Sign
  • Signage
  • Drive Thru
  • Air Conditioning

Links

1 of 1

Nearby Major Retailers

Mcallister's Deli
PNC Bank
Waffle House
Rent-A-Center
Regions Bank
Smartbank
Piggly Wiggly
Publix
Synovus Bank
9round

PROPERTY TAXES

Parcel Number 31-02-10-2-005-004.000 Improvements Assessment $80,360
Land Assessment $21,020 Total Assessment $101,380

PROPERTY TAXES

Parcel Number
31-02-10-2-005-004.000
Land Assessment
$21,020
Improvements Assessment
$80,360
Total Assessment
$101,380
(214) 692-2289

Contact

  • Listing ID: 33855019

  • Date on Market: 11/13/2024

  • Last Updated:

  • Address: 1425 McFarland Blvd, Northport, AL 35476

More public record information on 1425 McFarland Blvd, Northport, AL 35476

The Retail Property at 1425 McFarland Blvd, Northport, AL 35476 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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1425 McFarland Blvd, Northport, AL for sale Building Photo- Image 1 of 4
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1425 McFarland Blvd, Northport, AL for sale Building Photo- Image 2 of 4
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TROPICAL SMOOTHIE & COOKIE PLUG | 1425 McFarland Blvd
(214) 692-2289 x

TROPICAL SMOOTHIE & COOKIE PLUG | 1425 McFarland Blvd

Josh Bishop

(214) 692-2289

(214) 692-2289

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