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
- SUBJECT PROPERTY RANKS IN 99TH PERCENTILE OF ALL EXPRESS OIL CHANGE LOCATIONS
- PROXIMITY TO HIGH NATIONALLY RANKING WALMART SUPERCENTER
- LOCATED IN ENTERPRISE, AL RECIPIENT OF ECONOMIC DEVELOPMENT ACADEMY PROGRAM
- Price: $1,897,000
- Lot Size: 0.44 AC
- Cap Rate: 5.50%
- Lease Type: Absolute Triple Net (NNN)
- Year Built: 1998
- Building SF: 3,286 SF
- Status: Sold
- Guarantor: Corporate