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3720 Mary Taylor Rd
Birmingham, AL 35235
Freddy's Frozen Custard & Steakburgers · Retail Property For Sale


Investment Highlights
- Located in Birmingham, the largest MSA in Alabama
- Absolute triple net lease with no landlord responsibilities
- Regional retail destination that includes Target, The Home Depot, Lowe’s, Best Buy, Hobby Lobby, and The Pinnacle (a 644K SF lifestyle center)
- New 20-year lease with10% annual rental increases every five years
- Affluent area with average annual household income of over $122,000 within one mile
- Positioned just north of the Interstate 59 and Interstate 459 interchange
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,964 SF
Building Class
B
Year Built
2020
Price
$2,357,725
Price Per SF
$795.45
Cap Rate
6.15%
NOI
$145,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.73 AC
Zoning
C
Amenities
- Signage
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 12-00-27-4-002-001.009 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $231,420 |
Property Taxes
Parcel Number
12-00-27-4-002-001.009
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$231,420
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