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615 Bessemer Super Hwy
Midfield, AL 35228
Alabama Title Loans - Midfield, AL · Retail Property For Sale
Investment Highlights
- LONG-TERM ABSOLUTE NET LEASE
- INFLATION HEDGE
- OUTLOT TO GROCERY-ANCHORED SHOPPING CENTER
- BITE-SIZE OPPORTUNITY
- PASSIVE OWNERSHIP
- PRIMARY RETAIL NODE
Executive Summary
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this Alabama Title Loans (North American Title Loans) in Midfield, AL. The investment
opportunity features 18+ years remaining on an absolute net lease with 3% annual increase and two (2) 5-year options.
opportunity features 18+ years remaining on an absolute net lease with 3% annual increase and two (2) 5-year options.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,760 SF
Building Class
C
Year Built
1960
Price
$808,000
Price Per SF
$292.75
Cap Rate
6.75%
NOI
$54,557
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.23 AC
Zoning
B2
Parking
15 Spaces (5.43 Spaces per 1,000 SF Leased)
Frontage
100’ on Bessemer Super Hwy
Property Taxes
| Parcel Number | 30-00-26-1-002-001.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $55,220 |
Property Taxes
Parcel Number
30-00-26-1-002-001.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$55,220
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