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31305002
31305003

1284 McQueen Smith Road S, Prattville, AL 36066 For Sale

DP
AL 000057829
Aronov Realty Brokerage
MB
GA 385824
SRS Real Estate Partners Atlanta
Listed by Aronov Realty Brokerage, SRS Real Estate Partners Atlanta
$7,029,000
117 days on market
Updated 20 days ago

Ztec Fuel - Prattville AL

Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 7,287
Net Rentable (SqFt) 7,287
Cap Rate 7.00%
NOI $492,000
Occupancy 100%
Tenancy Single
Brand/Tenant Ztec Fuel
Lease Type Absolute NNN
Lease Term 15
Rent Bumps Yes
Lease Options 3 (5-Year)
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 1
Stories 1
Zoning General Commercial
Parking Spaces 28 spaces
Parking per 1,000 SqFt 3.84
Investment Type Net Lease
Ownership Fee Simple
Sale Condition Sale for leaseback

Retail | 7.00% CAP | 7,287 SqFt

Marketing description

Single Tenant Absolute NNN C-Store & Gas Station Investment Opportunity located at 1284 McQueen Smith Road S, Prattville, Alabama. The property qualifies for 100% Bonus Depreciation.

Prattville is a city in Autauga and Elmore counties in the State of Alabama. Prattville has a 2026 population of 41,289. Nicknamed "The Fountain City" due to the many artesian wells in the area, Prattville is part of the Montgomery metropolitan statistical area and serves as the county seat of Autauga County.

Prattville is an affluent sub-market of the Montgomery, AL MSA. Montgomery is the 2nd largest City in Alabama and also the state capital. Capitol Hill, part of the Robert Trent Jones Golf Trail, features the Yokohama Tire LPGA Classic. Prattville has experienced explosive retail. Largest employers in the Montgomery MSA include: Maxwell-Gunter Air Force Base, the state of Alabama, Montgomery Public Schools, Baptist Health, and Hyundai Motors. Prattville is the home to more than 6,200 businesses. Prattville is home to many local companies such as Daktronics Inc., Trustmark Bank, AllCare Pharmacy Solutions LLC, and Renewal by Anderson of Central AL. These businesses offer citizens plenty of job opportunities and help contribute to the growth of the local economy.

Prattville and nearby Attractions are Autauga County Heritage Center, Peoples Historical Museum, Wesleyan Church of Prattville, Prattville Plaza Shopping Center, Heritage Park. The city of Prattville is near several museums including the Peoples Historical Museum, the Buena Vista-Reservations, and the Autauga County Heritage Center. While in the city, one can also visit the local public libraries and churches. There are many parks that offer a range of recreational facilities. The Prattville East Shopping Center, Prattville Plaza Shopping Center, and Skyline Shopping Center are also popular tourist haunts.

The closest major airport to Prattville, Alabama is Montgomery Regional Airport. This airport is in Montgomery, Alabama and is 17 miles from the center of Prattville.

Investment highlights

  • Brand New 15-Year Lease at COE | Annual Rental Increases | Dense Retail Corridor
  • The tenant will enter at close of escrow into a brand new 15-year lease with 3 (5-year) options, demonstrating their commitment to the site
  • The lease features 2% annual rental increases throughout the initial term and options thereafter, growing NOI and hedging against inflation
  • Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
  • No landlord responsibilities
  • Ideal, management-free investment for a passive investor
  • More than 48,000 residents and 18,000 employees support the trade area
  • $93,084 average household income
  • The site is near Prattville Town Center, a 430,000+ SF shopping center, that is anchored by Home Depot, Target, Petsmart, Office Depot, T.J. Maxx and more
  • Other nearby national/credit tenants include Publix, Aldi, Walmart Supercenter, Hobby Lobby, Academy, Michael's and many more
  • Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
  • The asset is near the signalized, hard corner intersection of State Rd 82 and McQueen Smith Rd S which combined average 44,200 VPD
  • The site benefits from nearby direct on/off ramp access to Interstate 65, a major thoroughfare that averages 70,400 vehicles passing by daily
  • The asset has excellent visibility and multiple points of ingress/egress

Listing Contacts

DP
AL 000057829
Aronov Realty Brokerage
MB
GA 385824
SRS Real Estate Partners Atlanta
Listed by Aronov Realty Brokerage, SRS Real Estate Partners Atlanta

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$492,000.00
$41,000.00/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Martin Smith
License
000070431
Brokerage
SRS Real Estate Partners, LLC
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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