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1806 N Wood Ave
Florence, AL 35630
Citgo · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Service Station
Building Size
1,769 SF
Building Class
C
Year Built
1966
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.48 AC
Frontage
188’ on Wood Ave

About 1806 N WOOD AVE , FLORENCE, AL 35630

Property tours are available by appointment ONLY. Please contact Douglas McCollough to schedule at dmc@chasecommercial.com or 256-319-3516. Investment Highlights: ñ 1,769 SF convenience store and gas station in Florence, AL Single tenant modified net lease through September 2021 on initial lease term Value-add opportunity to re-lease property while collecting rent from the current tenant Commercial node location in residential neighborhood with traffic drivers adjacent: car wash and U-Haul Situated in a very visible location on the busiest north-south road in the submarket Less than 1.3 miles from the University of North Alabama Investment Overview: Super Paradise (the "Property") is a single tenant modified net lease convenience store and gas station located at 1806 N Wood Avenue, Florence, Alabama. Built in 1966, the Property consists of a 1,769 SF convenience store and covered gas pumps and sits on 0.52 acres. The lease contains a termination clause that allows for early termination at any time prior to the expiration of the lease with 60 days' notice. The Property is less than 0.5 miles from numerous local retailers and less than 1.5 miles from the University of North Alab The Property is less than 0.5 miles from numerous local retailers and less than 1.5 miles from the University of North Alabama. Florence is a city in and the county seat of Lauderdale County, Alabama, in the state's northwest corner. Florence is the largest and principal city of the Metropolitan Statistical Area known as "The Shoals" (which includes Muscle Shoals, Sheffield, and Tuscumbia metropolitan areas in Colbert and Lauderdale counties). Florence is considered northwestern Alabama's primary economic hub. Landmarks in Florence include the Rosenbaum House, the only Frank Lloyd Wright-designed home located in Alabama. Sunoco Huntsville Also Available: Modified net lease through December 2018, a 0.69 acre convenience store located at 8000 Memorial Parkway in Huntsville, AL: Click Here for more info on Sunoco Huntsville Hi-Tech Huntsville Also Available: Modified net lease through December 2019, a 0.57 acre convenience store located at 11550 South Memorial Parkway in Huntsville, AL: Click Here for more info on Hi-Tech Huntsville

Property Taxes

Property Taxes

Parcel Number
24-02-03-1-005-006.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$65,960
  • Listing ID: 9863807

  • Date on Market: 11/3/2017

  • Last Updated:

  • Address: 1806 N Wood Ave, Florence, AL 35630

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