About This Restaurant
Investment Highlights
$1,395,000 @ Jacksonville State University ~ 5 lots can be sold separately or together New Devp. @JSU include Starbucks, Chick-Fil-A, Taco Bell, and more. Traffic count is 26,000 (2021) on Hwy 21 and approx. 500 on Church St. Over 550 ft of road frontage on Al Hwy 21/Pelham Road Currently 3 buildings rented, car lot business may be sold separately Great spot for Fast Food, strip mall, car wash, medical, and more
Executive Summary
$1,395,000 in Jacksonville, Al, near campus of JSU. Over 550 ft frontage on AL Hwy 21/Pelham Rd. 5 lots can be sold together or separately. Currently 3 buildings rented, car lot business may be sold separately. Traffic count is 26,000 (2021) on Hwy 21 and Approx. 500 on Church St. Good access from AL Hwy 21 and Church St. Great spot for Fast food, strip mall, car wash, medical , and more. Many new developments in Jacksonville around the JSU campus like Starbucks, Chick-Fil-A, Taco Bell, and more.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Freestanding Restaurant
- Building Size 2,799
- Building Class B
- Year Built 1970
- Price 2,487,000
- Price Per SF 889
- Cap Rate 6.25
- NOI 155,438
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.10
- Land Acres 0.67 AC
| Date Created: | 2024-07-16 04:09:19 | Last Updated: | 2024-07-16 04:09:19 |
| Address: | 5 lots @Jax State ~US Hwy 21, Jacksonville, Alabama, | ||