Eagle Gas - Pike Road AL
Retail | 7.00% CAP | 7,647 SqFt
Marketing description
Introducing a prime investment opportunity in Pike Road, AL! This 7,647 SF building, constructed in 2022, boasts 100% occupancy, presenting a solid, income-generating asset. With Eagle Gas set to sign a new 15-year lease at COE, featuring 2% annual rental increases and multiple 5-year options, this NNN sale-leaseback offers a hassle-free, fee simple ownership. Ideally positioned off Interstate 85 with a high ADT of 45,505, this property is along a main commuter route from Pike Road to Montgomery. A strategic location coupled with strong demographics and proximity to affluent neighborhoods make this a compelling investment opportunity.
Nestled in the thriving Pike Road area of Alabama, the location surrounding the property at 12645 US 80, presents an exciting retail opportunity. Situated off I-85 with an impressive ADT of 45,505, this area is primed to attract significant consumer traffic and drive retail success. Pike Road itself is recognized as one of the fastest-growing municipalities in the state, offering an environment conducive to business growth and prosperity. With close proximity to numerous high-income neighborhoods and an affluent average household income exceeding $135,449 within 5 miles, investors have the opportunity to tap into a lucrative market in a rapidly expanding and affluent community.
Investment highlights
- Eagle Gas Will Sign a Brand New 15 Year Lease at COE
- 2% Annual Rental Increases and 3 (5-Year) Options
- NNN Sale-Leaseback, Fee Simple Ownership, Zero Landlord Responsibilities
- Ideally Located Off Interstate 85 with an ADT of 45,505
- Along a Main Commuter Route from Pike Road to Montgomery
- Strong Demographics Within a 5 Mile Radius with AHI of $135,449
- Close Proximity to Numerous High Income Neighborhoods
- The Pike Road Area is One of the Fastest Growing Municipalities in the State
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