1117 US Highway 431 Boaz (Outside Huntsville), AL 35957
Hwy 55 Drive-Thru
Offering Summary
Price
$3,379,300
Cap Rate
6.00%
NOI
$202,758.00
Rentable SF
2,152 SF
Lot Size
2.0 +/- Acres
Year Built
2023
Lease Type
Absolute NNN
Lease Term
20 Years
Investment Highlights
Brand New 2023 Construction w/ Latest Drive-Thru Prototype
20-Year Absolute NNN Lease w/ 10% Increases Every 5-Years
Corporate Guarantee from Hwy 55 — Hwy 55 Has Evolved into an Iconic Brand in the Southeast Now with Over 140 Locations
Located at Busy Signalized Intersection & Hard Corner (Large Parcel w/ Over 2-Acres of Land)
Traffic Counts Exceed 32,500 Vehicles Per Day on US Hwy 431
Dense Retail Trade Area w/ National Retailers Including Walmart, Walgreens, Wells Fargo, McDonald’s, O’Reilly Auto, Burger King, Taco Bell, KFC, Advance Auto, Popeyes, Circle K, and Many More
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