2802 20th Ave | Valley, AL 36854
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- LoopNet Team
2802 20th Ave
Valley, AL 36854
Popeyes - NNN Lease - Valley AL - Near KIA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Recently constructed free-standing Popeyes
- 15 year NNN lease with 2 X 5 year options
- Absolute NNN Lease - No Landlord Responsibilities
- 10% Rent Increase January of 2025
- 10% rent increases every 5 years, and next rent increase is 1/1/2025
- Approximately 7 miles from KIA Motors manufacturing plant, which is 2,200 acre and cost $1.1 Billion
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,400 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.97 AC
PROPERTY TAXES
| Parcel Number | 10-07-36-4-006-017.000 | Improvements Assessment | $133,600 |
| Land Assessment | $26,440 | Total Assessment | $160,040 |
PROPERTY TAXES
Parcel Number
10-07-36-4-006-017.000
Land Assessment
$26,440
Improvements Assessment
$133,600
Total Assessment
$160,040
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