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4301 University Dr NW

660 SF Retail Building Huntsville, AL 35816 £1,017,185 (£1,541/SF) 5.01% Net Initial Yield

Investment Highlights

  • 10 year lease with two 5 year options
  • Popular Franchise Drive-Thru Coffee location
  • Ground Lease NNN

Executive Summary

Popular Drive-Thru Franchise Coffee with a ten year NNN lease and two 5 year options. University Dr. is a busy road with over 45,000 cars per day.

Property Facts

Sale Type
Investment NNN
Sale Conditions
Sale & Leaseback
Property Type
Retail
Property Subtype
Fast Food
Building Size
660 SF
Building Class
C
Year Built
2023
Price
£1,017,185
Price Per SF
£1,541
Net Initial Yield
5.01%
NOI
£50,996
Tenancy
Single
Number of Floors
1
Building FAR
0.03
Lot Size
0.56 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.
Zoning
C1 - General Commercial
Parking
6 Spaces (9.09 Spaces per 1,000 SF Leased)

Amenities

  • Drive Thru
1 of 1
4301 University Dr NW, Huntsville, AL - aerial map view
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Regions Bank
Dutch Bros Coffee
Checkers
Scooter's Coffeehouse
Dreamland Bar-B-Que
Waffle House
Wings To Go
WOW Cafe & Wingery
PNC Bank
Olive Garden Italian Rstrnt

PROPERTY TAXES

Parcel Number 14-08-33-4-002-073.000 Improvements Assessment £42,252
Land Assessment £33,207 Total Assessment £75,459

PROPERTY TAXES

Parcel Number
14-08-33-4-002-073.000
Land Assessment
£33,207
Improvements Assessment
£42,252
Total Assessment
£75,459
(865) 806-8829

Contact

  • Cole Harris
    Cole Harris
  • Cole Harris

  • Listing ID: 33700310

  • Date on Market: 31/10/2024

  • Last Updated:

  • Address: 4301 University Dr NW, Huntsville, AL 35816

The Retail Property at 4301 University Dr NW, Huntsville, AL 35816 is currently available for sale. Contact Cole Harris for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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4301 University Dr NW
(865) 806-8829 x

4301 University Dr NW

Cole Harris

(865) 806-8829

(865) 806-8829

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