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14751 US-231
Hazel Green, AL 35750
Whataburger - Huntsville MSA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- NEW 20-YEAR ABSOLUTE NNN GROUND LEASE
- OPEN 24 HOURS / 7-DAYS PER WEEK
- SCHEDULED RENT INCREASES OF 10% EVERY 5-YEARS DURING THE PRIMARY LEASE TERM & OPTIONS
EXECUTIVE SUMMARY
NEW 20-YEAR ABSOLUTE NNN GROUND LEASE
SCHEDULED RENT INCREASES OF 10% EVERY 5-YEARS DURING THE PRIMARY LEASE TERM & OPTIONS
OPEN 24 HOURS / 7-DAYS PER WEEK
LATEST WHATABURGER BUILDING DESIGN | LARGE OUTDOOR SEATING AREA
HUNTSVILLE ALABAMA MSA LOCATION: RANKED AMONG COUNTRY’S MOST PROSPEROUS METROS FOR 2023 (BY MYELISTING.COM)
WHATABURGER - RENOWNED BURGER CHAIN & RAPIDLY EXPANDING
(1) Lease Terms, Building Specifications, and Demographics are estimates. Buyer is responsible for verifying during the Due Diligence process.
(2) Source: https://huntsvillebusinessjournal.com
SCHEDULED RENT INCREASES OF 10% EVERY 5-YEARS DURING THE PRIMARY LEASE TERM & OPTIONS
OPEN 24 HOURS / 7-DAYS PER WEEK
LATEST WHATABURGER BUILDING DESIGN | LARGE OUTDOOR SEATING AREA
HUNTSVILLE ALABAMA MSA LOCATION: RANKED AMONG COUNTRY’S MOST PROSPEROUS METROS FOR 2023 (BY MYELISTING.COM)
WHATABURGER - RENOWNED BURGER CHAIN & RAPIDLY EXPANDING
(1) Lease Terms, Building Specifications, and Demographics are estimates. Buyer is responsible for verifying during the Due Diligence process.
(2) Source: https://huntsvillebusinessjournal.com
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,538 SF
Building Class
B
Year Built
2023
Price
$2,900,000
Price Per SF
$819.67
Cap Rate
6.25%
NOI
$181,250
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.96 AC
Zoning
C
Parking
30 Spaces (8.48 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Drive Thru
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 04-06-13-4-000-060.004 | Improvements Assessment | $154,140 |
| Land Assessment | $100,720 | Total Assessment | $254,860 |
PROPERTY TAXES
Parcel Number
04-06-13-4-000-060.004
Land Assessment
$100,720
Improvements Assessment
$154,140
Total Assessment
$254,860
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