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400 Cahaba Valley Rd
Pelham, AL 35124
Hooters · Retail Property For Sale
Investment Highlights
- HOOTERS BUILD-TO-SUIT CONSTRUCTION
- 20+ YEAR HISTORICAL OCCUPANCY
- #1 RANKED HOOTERS WITHIN 50MI RADIUS - PLACER.AI | DENSE AND AFFLUENT POPULATION
- ABSOLUTE NET LEASE | NO LANDLORD RESPONSIBILITIES
- ATTRACTIVE RENT INCREASES
- PROXIMITY TO PELHAM CIVIC COMPLEX & ICE ARENA | PROXIMITY TO OAK MOUNTAIN AMPHITHEATRE 43-AC REDEVELOPMENT
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,906 SF
Building Class
C
Year Built
2002
Price
$2,308,000
Price Per SF
$470.44
Cap Rate
6.50%
NOI
$150,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.63 AC
Parking
90 Spaces (18.34 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Pylon Sign
Property Taxes
| Parcel Number | 10-9-31-4-001-006-004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $395,060 |
Property Taxes
Parcel Number
10-9-31-4-001-006-004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$395,060
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