3747 US Highway 431 N | Phenix City, AL 36867
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3747 US Highway 431 N
Phenix City, AL 36867
Price Adjustment | IHOP | 20-Yr, NNN · Retail Property For Sale
Investment Highlights
- • 20+ year operating history | New 20-year lease executed in the midst of COVID-19
- • Fixed 7.50% rental increases every 5 years, starting November 2025 | 3% Annual rent increases in Options
- • Bondable investment | Zero landlord responsibilities
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,844 SF
Building Class
C
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.96 AC
Zoning
O
PROPERTY TAXES
| Parcel Number | 05-03-05-01-002-003.004 | Improvements Assessment | $122,262 |
| Land Assessment | $89,734 | Total Assessment | $211,996 |
PROPERTY TAXES
Parcel Number
05-03-05-01-002-003.004
Land Assessment
$89,734
Improvements Assessment
$122,262
Total Assessment
$211,996
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