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Wendy's 370 Cox Creek Pky 3,300 SF Retail Building Florence, AL 35630 $2,821,971 ($855.14/SF) 5.85% Cap Rate
Investment Highlights
- ±16,739 VPD on Cox Creek Parkway
- This Wendy’s is the #3 performing Wendy’s in the state of Alabama (Placer.ai)
- Site is located across from Florence Mall in a busy retail corridor with surrounding retailers such as Target, The Home Depot, Sam’s Club, and more
- Site is ranked as the Top 7% Wendy’s nationwide (Placer.ai)
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,300 SF
Building Class
C
Year Built/Renovated
2001/2021
Price
$2,821,971
Price Per SF
$855.14
Cap Rate
5.85%
NOI
$165,085
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.89 AC
Opportunity Zone
Yes
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-09-31-2-001-002.016 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $169,300 |
Property Taxes
Parcel Number
16-09-31-2-001-002.016
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$169,300
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