514 6th Ave NE | Decatur, AL 35601
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- LoopNet Team
514 6th Ave NE
Decatur, AL 35601
Jack's (15 Years Remaining w/ Strong Sales) · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease with Corporate Guarantee from Jack’s Family Restaurants (231 Restaurants)
- Ideally Located in Downtown Decatur On Main Thoroughfare - Property Situated on Entire Block with Multiple Points of Ingress and Egress
- More than 54,000 Residents Live within 5 Miles of the Subject Property
- 15 Years of Remaining Lease Term with Scheduled 10% Rent Bumps Every Five (5) Years
- Very Strong Store Sales and Healthy Rent/Sales Ratio – See Agent for More Info
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,422 SF
Building Class
C
Year Built/Renovated
2003/2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.46 AC
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $109,840 | |
| Land Assessment | $62,740 | Total Assessment | $172,580 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$62,740
Improvements Assessment
$109,840
Total Assessment
$172,580
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