16056 Highway 280
Chelsea, AL 35043
Wendy's | WALMART SUPERCENTER SHADOW ANCHOR · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- UPDATED 3RD PARTY REPORTS ON FILE (PHASE I AND SURVEY DATED NOVEMBER 2022)
- Strategically Shadow Anchored by Extremely Busy Walmart Supercenter
- Operated by The Starboard Group (100+ Unit Operator | Guaranteed by 4-Unit Carveout Entity)
- Very Healthy ~7.3% Rent-to-Sales Ratio
- Located in Dense and Growing Retail Corridor Along U.S. Route 280 (AADT: 35,000±)
- Absolute-NNN Lease w/ 1% Annually
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,306 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.73 AC
Parking
34 Spaces
PROPERTY TAXES
| Parcel Number | 09-7-26-0-001-023-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $269,900 |
