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76 Net Lease Gas Station - Dutton, AL 3335 AL Highway 40

2,164 SF Retail Building Dutton, AL 35744 £378,144 (£175/SF) 7.75% Net Initial Yield

Investment Highlights

  • Corporate Guaranteed Absolute Triple Net (NNN) Investment With Approximately 18-Years Remaining on the Lease
  • Strategically Located on the Corner of Alabama Route 40 and I-18 With Easy Ingress/Egress
  • The Tenant is Currently Partnered With 76; Valero; Exxon; Mobil; Travel Centers of America; TA Express; VP Racing and Marathon
  • Brand Strength And Upgrades; Subject Property Was Recently Renovated With New Gas Pumps
  • Centrally Located in Between Huntsville, AL and Chattanooga, Tennessee and Right Off Guntersville Lake, Which Covers Over 100+ Miles
  • Gas Stations Offer Increased Depreciation Expenses - Consult Your CPA

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,164 SF 76 Net Lease Gas Station Located at 3335 AL-40 in Dutton, AL. This Deal Includes a Corporate Guaranteed Absolute Triple Net (NNN) Investment With Approximately 18-Years Remaining on the Lease, Providing For a Secure Investment.

BoR: Andrew Ackerman - Lic. AL #1089690

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,164 SF
Year Built
2000
Price
£378,144
Price Per SF
£175
Net Initial Yield
7.75%
NOI
£29,306
Tenancy
Single
Number of Floors
1

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Corporate
  • Retailer
  • 2,164 SF
  • £13.54
  • Aug 2042
Tenant Industry SF OCCUPIED RENT/SF Lease End
Corporate Retailer 2,164 SF £13.54 Aug 2042

Links

1 of 1

PROPERTY TAXES

Parcel Number 32-03-06-0-000-005.001 Improvements Assessment £0
Land Assessment £0 Total Assessment £22,863

PROPERTY TAXES

Parcel Number
32-03-06-0-000-005.001
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£22,863
(843) 517-8165

  • Listing ID: 33684702

  • Date on Market: 30/10/2024

  • Last Updated:

  • Address: 3335 AL Highway 40, Dutton, AL 35744

The Retail Property at 3335 AL Highway 40, Dutton, AL 35744 is currently available For Sale. Contact Sands Investment Group for more information.

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© 2024 CoStar Group

76 Net Lease Gas Station - Dutton, AL | 3335 AL Highway 40
(843) 517-8165 x

76 Net Lease Gas Station - Dutton, AL | 3335 AL Highway 40

1/5

Jacob Mahon

(843) 517-8165

(843) 517-8165

Zachary Passman

(843) 931-9537

(843) 931-9537

John Brown

(843) 620-7762

(843) 620-7762

Clifton McCrory

(540) 255-5496

(540) 255-5496

Chris Sands

(310) 870-3282

(310) 870-3282

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