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Caliber Car Wash 596 Fieldstown Rd

3,648 SF Retail Building Gardendale, AL 35071 $3,773,315 ($1,034/SF) 6.85% Cap Rate

Retail Space Alabama Gardendale 596 Fieldstown Rd, Gardendale, AL 35071

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • 2.00% Rental Increases Occurring Annually
  • Approximately 19 Years Remaining

Executive Summary

The NNN Pro Group is pleased to present the exclusive listing for the Caliber Car Wash located at 596 Fieldstown Rd, Gardendale, AL 35071. The site will consist of roughly 3,648 rentable square feet of building space on estimated 1.15-acre parcel of land. The Caliber Car Wash is subject to an absolute triple-net (NNN) lease that commenced on 4/08/2022. The initial annual rent is $258,472 and is scheduled to increase by 2.00% annually throughout the base term and continuing through 3, 5-Year Options.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,648 SF
Building Class
C
Year Built
2001
Price
$3,773,315
Price Per SF
$1,034
Cap Rate
6.85%
NOI
$258,472
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Land Acres
1.15 AC
Zoning
C2
Frontage
162 FT on Fieldstown Rd

Amenities

  • Pylon Sign
  • Drive Thru
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Nearby Major Retailers

Chicken Salad Chick
Foodland
Publix Pharmacy
Taziki's Mediterranean Cafe
Waffle House
Buffalo Wild Wings
Starbucks
Olive Garden
Longhorn Steakhouse
Regions Bank

PROPERTY TAXES

Parcel Number 14-00-11-4-010-008.000 Improvements Assessment $0
Land Assessment $80,040 Total Assessment $80,040

PROPERTY TAXES

Parcel Number
14-00-11-4-010-008.000
Land Assessment
$80,040
Improvements Assessment
$0
Total Assessment
$80,040
(332) 345-4222

  • Listing ID: 31021359

  • Date on Market: 2/22/2024

  • Last Updated:

  • Address: 596 Fieldstown Rd, Gardendale, AL 35071

More public record information on 596 Fieldstown Rd, Gardendale, AL 35071

The Retail Property at 596 Fieldstown Rd, Gardendale, AL 35071 is currently available For Sale. Contact NNN Pro Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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596 Fieldstown Rd, Gardendale, AL for sale Building Photo- Image 1 of 3
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Caliber Car Wash | 596 Fieldstown Rd
(332) 345-4222 x

Caliber Car Wash | 596 Fieldstown Rd

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Glen Kunofsky

(332) 345-4222

(332) 345-4222

Matthew Anuszkiewicz

(914) 403-7574

(914) 403-7574

Andrew Darby

(332) 345-7299

(332) 345-7299

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