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Burger King 8670 Hwy 72 w

3,474 SF Retail Building Madison, AL 35758 $2,520,767 ($726/SF) 6% Cap Rate

Restaurants Alabama Madison 8670 Hwy 72 w, Madison, AL 35758

Investment Highlights

  • Existing 15 Year Lease Term
  • Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 8670 Hwy 72, Madison AL. The site consists of roughly 3,474 rentable square feet of building space on an estimated 1.3-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities and no remaining renewal options. The current rent annual rent is $151,246 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,474 SF
Building Class
C
Year Built
2017
Price
$2,520,767
Price Per SF
$726
Cap Rate
6%
NOI
$151,246
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.30 AC
Parking
53 Spaces (15.26 Spaces per 1,000 SF Leased)
Frontage
77 FT on Highway 72 West

Amenities

  • Signage
  • Drive Thru
  • Monument Signage
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8670 Hwy 72 w, Madison, AL - aerial map view

Nearby Major Retailers

Chili's Grill & Bar
IHOP
Burn Boot Camp
Workout Anytime
Truist
Freddy's
CrossFit
United Community Bank
Walk-On's
Five Guys

PROPERTY TAXES

Parcel Number 15-09-30-1-000-068.007 Improvements Assessment $133,260
Land Assessment $131,460 Total Assessment $264,720

PROPERTY TAXES

Parcel Number
15-09-30-1-000-068.007
Land Assessment
$131,460
Improvements Assessment
$133,260
Total Assessment
$264,720
(332) 345-4222

Contacts

  • Listing ID: 31192717

  • Date on Market: 3/12/2024

  • Last Updated:

  • Address: 8670 Hwy 72 w, Madison, AL 35758

More public record information on 8670 Hwy 72 w, Madison, AL 35758

The Retail Property at 8670 Hwy 72 w, Madison, AL 35758 is currently available for sale. Contact NNN Pro Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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8670 Hwy 72 w, Madison, AL for sale Building Photo- Image 1 of 3
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8670 Hwy 72 w, Madison, AL for sale Aerial- Image 2 of 3
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Burger King | 8670 Hwy 72 w
(332) 345-4222 x

Burger King | 8670 Hwy 72 w

1/4

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Matthew Anuszkiewicz

(914) 403-7574

(914) 403-7574

Howie Curd

(332) 345-4339

(332) 345-4339

Patrick Finn

(332) 345-7297

(332) 345-7297

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