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- LoopNet Team
708 E Main St
Prattville, AL 36067
8.53% Cap CVS Zero Cash Flow · Retail Property For Sale
PROPERTY FACTS
Amenities
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
About 708 E Main St , Prattville, AL 36067
Pegasus Investments, as exclusively authorized representative of Seller, is pleased to offer the rare opportunity to acquire a single tenant zero cash flow CVS Pharmacy in Prattville, AL. The deal features assumable, self-amortizing financing with a fixed interest rate allows investor to achieve a fully paid off property by the end of the lease term and assumes no interest rate risk. The advantageous paydown structure allows for low equity contributions with high long-term return on initial investments. Additionally, the re-advance structure allows withdrawal of money over and above percentage over the debt. The property is located in the highly sought after Montgomery suburb of Prattville, AL. Recently constructed in 2009, the property is situated at the entrance to the Prattville Plaza Shopping Center. The property's difficult to replace location has provided CVS Pharmacy with a long term dominant position in the market.
Links
PROPERTY TAXES
Parcel Number | 19-05-16-1-001-005-003-0 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $848,700 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 4981452
Date on Market: 11/23/2016
Last Updated:
Address: 708 E Main St, Prattville, AL 36067
The Retail Property at 708 E Main St, Prattville, AL 36067 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.