1425 McFarland Blvd

1425 McFarland Blvd , Northport, Alabama, 35476 | 2,400 sq.f | $ 2,892,069

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About This Restaurant

Investment Highlights

Major Retail and Community Service Hub Full 15-Year NNN Lease Attractive Lease Terms Newly Renovated Free-standing Building High Traffic Corridor with Signalized Left-turn Access Nationally Recognized Brand with an Experienced Multi-unit Operator

Executive Summary

The Net Lease Group exclusively offers for sale, Tropical Smoothie CafeNorthport (Tuscaloosa, AL) a 2,296 SF freestanding, newly renovated QSR building on the SE corner of McFarland N Boulevard / US 82 (42,435 VPD-2022) and Tyler Drive, about 1,000? East of the intersection of US 43 (41,741 VPD-2022), aka Lurleen B. Wallace Blvd and across McFarland N Blvd. from Chick-fil-a. Walmart Neighborhood Market, Harbor Freight Tools, Publix Super Market, Hobby Lobby, Pet Supermarket, and Office Depot all operate stores within 1,000? of the Property.

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Fast Food
  • Building Size    2,400
  • Building Class    B
  • Year Built/Renovated    1983/2001
  • Price    2,892,069
  • Price Per SF    1,205
  • Cap Rate    5.75
  • NOI    166,294
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.11
  • Land Acres    0.51 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Pylon Sign
  • Signage
  • Drive Thru

Nearby Amenities & Transportation

Retail Mcallister's Deli
Retail PNC Bank
Retail Waffle House
Retail Rent-A-Center
Retail Regions Bank
Retail Smartbank
Retail Piggly Wiggly
Retail Publix
Retail Synovus Bank
Retail Chicken Salad Chick

Property Taxes

Parcel Number 31-02-10-2-005-004.000 Improvements Assessment $21,020
Land Assessment $80,360 Total Assessment $101,380
Date Created: 2024-07-16 04:09:19 Last Updated: 2024-07-16 04:09:19
Address: 1425 McFarland Blvd , Northport, Alabama, 35476