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