Listed by SRS Real Estate Partners Atlanta, Aronov Realty Brokerage
$1,543,000
Ellianos Coffee - Montgomery AL (Eastchase Pkwy)
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 810
Cap Rate 7%
NOI $108,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Rent Bumps Yes
Lease Options 2 (5-Year)
Price per SqFt $1,905
Broker Co-Op Yes
Year Built 2024
Buildings 1
Stories 1
Parking Spaces spaces
Investment Type Net Lease
Tenant Credit Franchisee
Ground Lease No
Ownership Fee Simple
Retail | 7.00% CAP | 810 SqFt
Investment highlights
8 Years Remaining | Strong & Growing Tenant | Scheduled Rental Increases | Options to Extend
Absolute NNN | Zero Landlord Responsibilities | Fee Simple
Off I-85 | Along Eastchase Pkwy | Dense Retail Corridor | Auburn University at Montgomery
Ideal Demographics in 5-Mile Trade Area | Six-Figure Incomes
Listing Contacts
Listed by SRS Real Estate Partners Atlanta, Aronov Realty Brokerage
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$108,000.00
$9,000.00/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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