3033 Tyler Dr
Northport, AL 35476
DQ Grill & Chill: New 20 Yr Absolute NNN Lse · Retail Property For Sale
Property Facts
About 3033 TYLER DR , NORTHPORT, AL 35476
DQ Grill & Chill has a brand new 20-year Absolute NNN lease with 8% rental escalations every 5 years and three 5-year renewal options. The lease guarantor, Frauenshuh Hospitality Group KY/IN, LLC (a subsidiary of Fourteen Foods – largest DQ franchisee in the US), has 110 DQ locations backing the performance of the lease! The subject location has an attractive 7.25 rent to sales ratio, helping to ensure the long-term profitability of this location. DQ Grill & Chill is located in Northport, Alabama conveniently in dominant retail corridor within the market, and across the street from Walmart south of McFarland Blvd & East of Lurleen B Wallace Blvd with excellent drive-by visibility. Nearby retailers include: Tuesday Morning, Pet Supermarket, Walmart Neighborhood Market, Walgreens, CVS, Publix, Hobby Lobby, Office Depot, Sally Beauty, Dollar General, Rite Aid, Advance Auto Parts, etc. This asset is only 3.5 miles from the University of Alabama (37,663 students) and two blocks from Northport Medical Center (204 beds). *In Association with Alabama Local Broker: John Rusevlyan, ProSouth Realty #93268
Property Taxes
| Parcel Number | 31-02-10-2-005-009.002 | Improvements Assessment | $131,340 |
| Land Assessment | $34,500 | Total Assessment | $165,840 |
Property Taxes
