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Wendy's - 1401 Woodward Ave 1401 Woodward Ave 2,681 SF Retail Building Muscle Shoals, AL 35661 $3,440,268 ($1,283.20/SF) 5.85% Cap Rate
Investment Highlights
- ±24,156 VPD on Woodward Avenue
- Located near the Shoals Hospital on Avalon Ave
- Average Household Income is $77,594 within a 1-mile radius
- Surrounding retailers include Walmart Supercenter, Bealls, Tractor Supply, ALDI, Planet Fitness, Chick-Fil-A, KFC, McDonald’s and many more
- Muscle Shoals, AL is famous for its musical recording history at FAME Studios and Muscle Shoals Sound Studio
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,681 SF
Building Class
C
Year Built/Renovated
2013/2022
Price
$3,440,268
Price Per SF
$1,283.20
Cap Rate
5.85%
NOI
$201,256
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.39 AC
Frontage
140’ on Woodward Ave
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-07-35-3-007-055.000 | Improvements Assessment | $175,660 |
| Land Assessment | $34,020 | Total Assessment | $209,680 |
Property Taxes
Parcel Number
07-07-35-3-007-055.000
Land Assessment
$34,020
Improvements Assessment
$175,660
Total Assessment
$209,680
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