301 Ruby Tuesday Ln SW
Fort Payne, AL 35968
Ruby Tuesday | 20yr Corp Abs NNN | Rent Incr · Retail Property For Sale
Investment Highlights
- 18 Years Remaining | Corporate Guaranteed | Rare 10% Rental Increases
- Dense Retail Corridor | Walmart Supercenter & Lowe's Home Improvement
- Outparcel to Dunham's Sports, Dollar Tree, Badcock Home & Furniture Center
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- NRD Capital | Strong Corporate Operator
Property Facts
Amenities
- Corner Lot
- Freeway Visibility
- Restaurant
About 301 RUBY TUESDAY LN SW , FORT PAYNE, AL 35968
The subject property is located near the intersection of State Highway 35 and the 59 Freeway (35,500 combined vehicles per day). Ruby Tuesday has excellent freeway signage along Highway 59 (19,100 vehicles per day), a major highway which leads 54 miles north to Chattanooga (50 minute drivetime). The asset is an outparcel to a center featuring Dunham’s Sports, Dollar Tree, Badcock & More Home Furniture, and Cracker Barrel. The site is 0.6 miles from DeKalb Medical Center, a full-service, 134-bed facility offering inpatient and outpatient care. Other nearby national/credit tenants in the immediate trade area include Walmart Supercenter (24 hour location), Lowe’s Home Improvement, Walgreens, Tractor Supply Co., and more, which further increases consumer traffic and promotes crossover shopping. The 5-mile trade is supported by a population of over 13,900 residents with an average household income exceeding $48,000.
Property Taxes
| Parcel Number | 22-01-12-4-001-004.002 | Improvements Assessment | $0 |
| Land Assessment | $7,700 | Total Assessment | $7,700 |
Property Taxes
