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22223977
22223978

6330 Alabama Hwy 69 S, Tuscaloosa, AL 35405

AE
AL 000096920
Stream Capital Partners
JS
IL 475152062
Stream Capital Partners
Listed by Stream Capital Partners
$2,346,153
450 days on market
Updated 87 days ago

Guthrie’s

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Net Rentable (SqFt) 2,176
Cap Rate 6.5%
NOI $152,500
Occupancy 100%
Tenancy Single
Brand/Tenant Burger King, Jack in the Box (+3)
Lease Type Absolute NNN
Remaining Term 13
Rent Bumps Yes
Lease Options Three, 5-year options
Year Built 2023
Stories 1
Acreage 0.990
Investment Type Net Lease
Tenant Credit Corporate Guarantee

Corporately Operated Location I 5 Miles from the University of Alabama

Marketing description

  • Prime location at a signalized intersection along Highway 69 South, a highly trafficked retail corridor in Tuscaloosa, AL, which has grown 27.8% since 2000

  • Strong tenant with 69 locations across 12 U.S. states, including Alabama, Arizona, Arkansas, Florida, Georgia, Idaho, Kentucky, Mississippi, Nevada, Ohio, Tennessee, and West Virginia

Investment highlights

  • The Subject Property is just 5 miles from the University of Alabama Campus which has over 38,000 students enrolled and 7,000+ staff members

  • Other nearby traffic generators include Shelton State College (7,000+ students), as well as local schools enrolling over 2,500 students

  • Nearby national retailers in the area include: Walgreens, CVS, Publix, Academy, Lowes, Dollar General and Starbucks

  • Long-term, 13-year NNN lease with increases throughout

Listing Contacts

AE
AL 000096920
Stream Capital Partners
JS
IL 475152062
Stream Capital Partners
Listed by Stream Capital Partners

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$152,500.00
$12,708.33/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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