1503 Glenn Blvd SW
Fort Payne (Outside Huntsville), AL 35968
Hwy 55
| Offering Summary | |||
|---|---|---|---|
| Price | $2,929,607 | Cap Rate | 5.60% |
| NOI | $164,058.00 | Rentable SF | 2,949 SF |
| Lot Size | 43,124 +/- SF | Year Built | 2022 |
| Lease Type | Absolute NNN | Lease Term | 20 Years |
Investment Highlights
- Brand New 2022 Construction (New Prototype)
- 20-Year Absolute NNN Lease w/ 10% Increases Every 5-Years
- Located at Busy Signalized Intersection & Hard Corner
- Great Visibility & Access at Glenn Blvd SW and Airport Rd W with
Traffic Counts Exceeding 32,000 Vehicles Per Day - Directly Across from Lowe’s Home Improvement Center
- 4.0% Expected Population Growth Over Next 5-Years
Please login or sign up to view offering memorandum
For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
[email protected]