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4301 University Dr NW

660 SF Retail Building Huntsville, AL 35816 $1,300,000 ($1,970/SF) 5.01% Cap Rate

Investment Highlights

  • 10 year lease with two 5 year options
  • Popular Franchise Drive-Thru Coffee location
  • Ground Lease NNN

Executive Summary

Popular Drive-Thru Franchise Coffee with a ten year NNN lease and two 5 year options. University Dr. is a busy road with over 45,000 cars per day.

Property Facts

Sale Type
Investment NNN
Sale Conditions
Sale Leaseback
Property Type
Retail
Property Subtype
Fast Food
Building Size
660 SF
Building Class
C
Year Built
2023
Price
$1,300,000
Price Per SF
$1,970
Cap Rate
5.01%
NOI
$65,175
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Land Acres
0.56 AC
Opportunity Zone
Yes
Zoning
C1 - General Commercial
Parking
6 Spaces (9.09 Spaces per 1,000 SF Leased)

Amenities

  • Drive Thru
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Regions Bank
Dutch Bros
Checkers
Scooter's Coffeehouse
Dreamland  Bar-B-Que
Waffle House
Wings To Go
WOW Cafe & Wingery
PNC Bank
Olive Garden Italian Rstrnt

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-08-33-4-002-073.000
Land Assessment
$42,440
Improvements Assessment
$54,000
Total Assessment
$96,440
  • Listing ID: 33700310

  • Date on Market: 10/31/2024

  • Last Updated:

  • Address: 4301 University Dr NW, Huntsville, AL 35816

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