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Wendy's 2800 Memorial Pky S 2,988 SF Retail Building Huntsville, AL 35801 $2,808,208 ($939.83/SF) 5.85% Cap Rate


Investment Highlights
- Excellent population growth in a 1-mile radius with a projected 2.2% annual increase over the next 5 years
- Traffic Counts: ±74,619 VPD on Memorial Pkwy SW
- Located a few miles from Downtown Huntsville, Big Spring Park, U.S. Space & Rocket Center, and Bridge Street Town Center
- Average Household Income of over $95,000 in a 1-mile radius
- Memorial Pkwy is one of Huntsville’s busiest thoroughfares with heavy traffic counts and high visibility
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,988 SF
Building Class
B
Year Built
1983
Price
$2,808,208
Price Per SF
$939.83
Cap Rate
5.85%
NOI
$164,280
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.40 AC
Opportunity Zone
Yes
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
43’ on Memorial Pky
Amenities
- Pylon Sign
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 17-01-12-2-002-046.000 | Improvements Assessment | $86,100 |
| Land Assessment | $73,220 | Total Assessment | $159,320 |
Property Taxes
Parcel Number
17-01-12-2-002-046.000
Land Assessment
$73,220
Improvements Assessment
$86,100
Total Assessment
$159,320
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Wendy's | 2800 Memorial Pky S
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