Listed by Crunkleton Commercial Real Estate Group
$2,750,000
4249 Balmoral Drive
Details
Property Type Retail
Sub Type Restaurant
Square Footage 7,839
NOI $181,500
Tenancy Single
Brand/Tenant Logans Roadhouse
Lease Type NNN
Lease Expiration 11/20/2029
Rent Bumps Yes
Buildings 1
Stories 1
Acreage 1.770
Logan's Roadhouse Occupied Building | Investment Opportunity
Marketing description
ADDRESS
Logan’s Roadhouse
4249 Balmoral Drive
Huntsville, AL 35801
SIZE
7,839 SF
ABOUT THE PROPERTY
An outstanding investment opportunity, 4249 Balmoral is a single tenant property occupied by Logan’s Roadhouse, a well-known national restaurant brand. Situated in a highly trafficked area, the site benefits from strong visibility, easy access, and a steady flow of consumer activity. The surrounding retail and commercial developments further enhance the property’s long-term investment potential.
Investment highlights
PROPERTY HIGHLIGHTS
- Frontage on Balmoral Drive, just off Airport Road seeing 36,298 VPD
- Current NOI: $181,500 w/ True NNN lease structure
- Tenant’s current lease expiration: 11/20/2029 | Tenant since 2006
- (2) 5-year options remain with 10% bumps at each option period.
- 1.77-acre lot with ample parking
- Zoned C-1 (Community Business District)
- Located near the Wicks Family Field at Joe Davis Stadium and upcoming mixed-use development; Stadium Commons
Listing Contacts
Listed by Crunkleton Commercial Real Estate Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$181,500.00
$15,125.00/mo
Valuation Metrics
0
DSCR
6.6%
Cap Rate
6.6%
ROI
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