Listed by KW Commercial Keller Williams Tuscaloosa
$599,000
Wild Side Grab N' Go
Details
Property Type Retail
Sub Type Convenience Store
Square Footage 1,750
Net Rentable (SqFt) 1,750
Units 2
Cap Rate 5.5%
NOI $32,940
Tenancy Single
Lease Type Gross
Lease Term 5
Lease Expiration 02/01/2030
Remaining Term 3.7
Rent Bumps Yes
Lease Options 10% rate increase at renewal
Price per SqFt $343
Broker Co-Op Yes
Class A
Year Built 2024
Year Renovated 2025
Buildings 1
Stories 1
Zoning BN
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 02/03/2025
Sale Condition For sale by owner
Retail | 5.49% CAP | National Tenant
Marketing description
Outstanding 1031 exchange opportunity on University Boulevard in downtown Tuscaloosa, Alabama. National retail tenant with over 90 locations in 27 states beginning year two of a five-year lease with 10% increase at renewal. Newly built in 2024 with significant tenant renovation in 2025 makes it a maintenance-free property and with a cap rate of 5.49%, this is a solid investment in a growing community. The owner/listing agent is a licensed realtor in the State of Alabama.
Listing Contacts
Listed by KW Commercial Keller Williams Tuscaloosa
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$32,940.00
$2,745.00/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
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