1485 Andrews Ave, Ozark, AL 36360
4,550 SF | Retail Building | Ozark, AL 36360 | $1,000,000 ($220/SF) | 6.50% Cap Rate
For Sale
Active
Asking Price $1,000,000
- Property Type
-
Retail
- Square Feet
- 4,550 SF
- Price / Square Foot
- $220
Listing Contacts
- Property Info
Property Overview
Northmarq is pleased to offer for sale this exclusive single-tenant Little Caesars property located in Ozark, AL. This investment offers a fee simple, NNN opportunity with a brand new, 20-Year lease, and 4 x 5 year options thereafter. This asset features 10% rent increases every 5 years throughout the term and in options, providing significant passive income, creating a hedge against inflation. Little Caesars is surrounded by several national retail tenants such as McDonald's, Hardee's, Sonic, Subway, and Firehouse Subs, and is near a Walmart Supercenter that sees 36,000 visitors daily. The Property is also less than 3 hours from the state capital, Montgomery, which benefits from high visitor counts due to its historical significance in the Civil Rights Movement. The site is well positioned in Ozark, located 10 miles from Fort Novosel, the home of the U.S. Army Aviation Museum, and home to over 4,500 military personnel, 9,700 civilians, and 3,000 military families.
Property Details
- Class
- B
- Year Built
- 1970
- Stories
- 1
- Lot Size (sq. ft)
- 993,168 SF
Highlights
- Property Placed in 60 th Percentile by Placer.Ai | Top Location in a 15-Mi Radius
- High Traffic Counts | Combined 10.8 Million Annualized Traffic Count
- High Accessibility | Three Points of Ingress and Egress
- High Accessibility | Three Points of Ingress and Egress
- Retail Trade Area | Less than Half a Mile from Walmart Supercenter | 36K Visitors Daily
- 15 Minutes from Fort Novosel, AL | Headquarters of U.S. Army Aviation | Home to Over 20,000 People
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