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First Watch - Foley AL 3060 S McKenzie St 7,128 SF Retail Building Foley, AL 36535 $4,073,000 ($571.41/SF) 5.50% Cap Rate

Restaurants Alabama Foley 3060 S McKenzie St, Foley, AL 36535

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INVESTMENT HIGHLIGHTS

  • Brand New 15-Year Lease | Options To Extend | Scheduled Increases
  • Dense Retail Corridor | Tanger Outlets Foley (516,000 SF) | Riviera Square (163,000 SF)
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Located Along S McKenzie St (41,900 VPD) | Centralized Location | Excellent Visibility & Access

ATTACHMENTS

Foley AL - First Watch

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,128 SF
Building Class
B
Year Built/Renovated
2001/2025
Price
$4,073,000
Price Per SF
$571.41
Cap Rate
5.50%
NOI
$224,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.76 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial
Parking
118 Spaces (16.55 Spaces per 1,000 SF Leased)
Frontage
112’ on Mckenzie St

AMENITIES

  • Pylon Sign
  • Restaurant
  • Signage
1 1

NEARBY MAJOR RETAILERS

Cracker Barrel Old Country Store
First Watch
Buddy's Home Furnishings
Texas Roadhouse
Five Guys
7 Brew Coffee
Publix
9Round
The YMCA
Krystal

PROPERTY TAXES

Parcel Numbers
Multiple
  • 61-03-08-1-001-001.010
  • 61-03-08-1-001-001.012
 Improvements Assessment $196,480
Land Assessment $245,920 Total Assessment $442,400

PROPERTY TAXES

Parcel Numbers
Multiple
  • 61-03-08-1-001-001.010
  • 61-03-08-1-001-001.012
Land Assessment
$245,920
Improvements Assessment
$196,480
Total Assessment
$442,400
(954) 302-7365

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 34816042

  • Date on Market: 2/13/2025

  • Last Updated:

  • Address: 3060 S McKenzie St, Foley, AL 36535

More public record information on 3060 S McKenzie St, Foley, AL 36535

The Retail Property at 3060 S McKenzie St, Foley, AL 36535 is currently available for Sale. Contact SRS Real Estate Partners for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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First Watch - Foley AL | 3060 S McKenzie St
(954) 302-7365 x

First Watch - Foley AL | 3060 S McKenzie St

Patrick Nutt
(954) 302-7365

William Wamble
(813) 434-8278

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