4301 University Dr NW
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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
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
Zoning
C1 - General Commercial
Parking
6 Spaces (9.09 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
Walk Score ®
Very Walkable (71)
Nearby Major Retailers
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
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Presented by
Cole Harris
4301 University Dr NW
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