Listed by NAI Earle Furman
$3,017,948
Wendy's - 1403 County Park Rd, Scottsboro, AL
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,787
Cap Rate 5.85%
NOI $176,550
Occupancy 100%
Tenancy Single
Brand/Tenant Wendy's
Lease Type NNN
Remaining Term 10
Price per SqFt $1,083
Year Built 2014
Acreage 1.240
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Retail | 5.85% CAP | 2,787 SqFt
Marketing description
Top 24% Wendy’s Nationwide (Placer.ai)
±31,549 VPD on John T Reid Parkway
Outdoor recreation is a big draw in Scottsboro including Goose Pond Colony Resort and nearby Lake Guntersville where people enjoy boating, fishing, hiking, and golf
Scottsboro is home to the Unclaimed Baggage Center, the only retail store in the U.S. selling unclaimed airline luggage - drawing visitors nationwide
Located just 45 minutes to Huntsville, AL
Listing Contacts
Listed by NAI Earle Furman
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$176,550.00
$14,712.50/mo
Valuation Metrics
0
DSCR
5.85%
Cap Rate
5.85%
ROI
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