4301 University Dr NW
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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
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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 14-08-33-4-002-073.000 | Improvements Assessment | $54,000 |
Land Assessment | $42,440 | Total Assessment | $96,440 |
PROPERTY TAXES
Parcel Number
14-08-33-4-002-073.000
Land Assessment
$42,440
Improvements Assessment
$54,000
Total Assessment
$96,440
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Presented by
Cole Harris
4301 University Dr NW
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