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29895226
29895227

60 Springville Sta Blvd, Springville, AL 35146

JT
AL 000087782, MS 22847 (+3)
SVN Toomey Property Advisors
SW
AL 53754-2
SVN Toomey Property Advisors
Listed by SVN Toomey Property Advisors
$4,580,000
100 days on market
Updated 68 days ago

Water Works Car Wash | $4,580,000 | 6.79% CAP

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 4,086
Cap Rate 6.79%
NOI $311,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Remaining Term 16
Price per SqFt $1,121
Investment Type Core

100% Bonus Depreciation Potential

Marketing description

Discover an exceptional opportunity for retail investment in Springville, AL. This prime property, boasting a 4,086 SF building, is perfectly situated in the desirable Springville area. With ample space for retail or street retail operations, the building offers great potential for a diverse range of businesses. Its strategic location ensures high visibility and accessibility, making it an attractive prospect for investors seeking a strong market presence. Don't miss the chance to capitalize on this prominent property's excellent features and position within the vibrant business landscape of Springville.

Investment highlights

- Spacious 4,086 SF building

- NOI: +/- $311,000

- 4,086 SF

- 0.88 Acres

- Long-term lease secured until 2042

- Prime location in Springville area

- High visibility for retail operations

Listing Contacts

JT
AL 000087782, MS 22847 (+3)
SVN Toomey Property Advisors
SW
AL 53754-2
SVN Toomey Property Advisors
Listed by SVN Toomey Property Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$311,000.00
$25,916.67/mo

Valuation Metrics

0
DSCR
6.79%
Cap Rate
6.79%
ROI

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