Offering Memorandum
Property Highlights
- BRAND-NEW LONG-TERM NET LEASE
- CORPORATE LEASE GUARANTEE (1,100+ UNITS)
- ABSOLUTE TRIPLE-NET LEASE
- STRONG UNIT LEVEL REAL ESTATE FUNDAMENTALS
- STRATEGICALLY LOCATED IN RETAIL CORRIDOR OF TAYLOR RD (44,000 VPD) AND VAUGHN RD (30,500 VPD)
- TOP RANKING EXPRESS OIL IN 15-MILE RADIUS
- LOCATED IN 3RD MOST POPULOUS CITY IN ALABAMA - MONTGOMERY
- Price: $3,025,000
- Lot Size: 0.44 AC
- Cap Rate: 5.50%
- Lease Type: Absolute Triple Net (NNN)
- Year Built: 1998
- Building SF: 3,220 SF
- Status: Sold
- Guarantor: Corporate