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122 Highway 43 S
Tuscumbia, AL 35674
HYUNDAI DEALERSHIP · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Auto Dealership
Building Size
16,861 SF
Building Class
C
Year Built
1991
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
5.92 AC
Frontage
609’ on Lee Highway

ABOUT 122 HIGHWAY 43 S , TUSCUMBIA, AL 35674

-Greenway Automotive is one of the largest privately held Auto Dealership groups currently operating 55 dealerships in Alabama, Florida, Georgia, Missouri, South Carolina, Tennessee, and Texas representing a wide variety of Automotive brands. Revenues boasting over $130MM+ -The lease features impressive 4% or CPI (minimum 2%) annual increases improving the return for a potential investor -Tenant pays taxes, insurance, and maintenance of the property limiting landlord responsibilities to the roof and structure of the building -Property is situated in the Florence-Muscle Shoals Metropolitan Area with a population of over 200,000 and an additional 410,000 commutes daily for work, school, shopping, and more -The property is situated off Woodward Ave which sees an average 16,200 VPD and is the main drag through Muscle Shoals and Florence. Additionally, the property is directly located of Lee Hwy that travels for 337 miles from Memphis through 3 different states and sees an average 37,000 VPD. -The Shoals Hyundai dealership serves a major trade area – without any other of its kind in a nearly 50-mile radius- allowing this property to be the premier Hyundai Distributor for the area

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-06-14-0-001-002.000
Land Assessment
$96,420
Improvements Assessment
$270,880
Total Assessment
$367,300
  • Listing ID: 17209916

  • Date on Market: 9/16/2019

  • Last Updated:

  • Address: 122 Highway 43 S, Tuscumbia, AL 35674

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