KFC/Taco Bell
2,160 SF | 100% Leased | Retail Building | Hokes Bluff, AL 35903 | $1,052,097 ($487/SF) | 5.50% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,052,097
- Property Type
-
Retail
- Square Feet
- 2,160 SF
- Price / Square Foot
- $487
Listing Contacts
Glen Kunofsky
Verified Profile
Alexandre Marietto
Verified Profile
Amelia Haydock
Verified Profile
Andrew Darby
Verified Profile
- Property Info
Property Overview
NNN Pro is pleased to present the exclusive listing for a KFC/Taco Bell located at 5692 Highway 278E, Hokes Bluff, AL 35903. The site consists of roughly 2,160 rentable square feet of building space on an estimated 0.48-acre parcel of land. This KFC/Taco Bell is subject to a 20 Years-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $57,865 and has scheduled increases of 1.50% Annually.
Property Details
- Class
- B
- Year Built
- 2019
- Stories
- 1
- Lot Size (sq. ft)
- 20,909 SF
Highlights
- Brand New 20-Year Absolute Triple Net (NNN) - Lease to be Signed at Closing
- Attractive Rental Increases - 1.50% Annual Rental Increases
- Fee Simple Ownership - Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].