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Guthrie's 6330 Alabama 69 S 2,040 SF Retail Building Tuscaloosa, AL 35405 $2,584,745 ($1,267.03/SF) 5.90% Cap Rate
INVESTMENT HIGHLIGHTS
- The Subject Property is just 5 miles from the University of Alabama Campus which has over 38,000 students enrolled and 7,000+ staff members
- Nearby national retailers in the area include: Walgreens, CVS, Publix, Academy, Lowes, Dollar General and Starbucks
- Other nearby traffic generators include Shelton State College (7,000+ students), as well as local schools enrolling over 2,500 students
- Long-term, 13-year NNN lease with increases throughout
EXECUTIVE SUMMARY
Prime location at a signalized intersection along Highway 69 South, a highly trafficked retail corridor in Tuscaloosa, AL, which has grown 27.8% since 2000
Strong tenant with 69 locations across 12 U.S. states, including Alabama, Arizona, Arkansas, Florida, Georgia, Idaho, Kentucky, Mississippi, Nevada, Ohio, Tennessee, and West Virginia
Strong tenant with 69 locations across 12 U.S. states, including Alabama, Arizona, Arkansas, Florida, Georgia, Idaho, Kentucky, Mississippi, Nevada, Ohio, Tennessee, and West Virginia
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,040 SF
Building Class
B
Year Built
2023
Price
$2,584,745
Price Per SF
$1,267.03
Cap Rate
5.90%
NOI
$152,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.01 AC
Zoning
B-3 - GENERAL BUSINESS
Parking
33 Spaces (16.18 Spaces per 1,000 SF Leased)
Frontage
111’ on Alabama 69
AMENITIES
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 36-01-11-1-004-003.005 | Improvements Assessment | $104,820 |
| Land Assessment | $20,000 | Total Assessment | $124,820 |
PROPERTY TAXES
Parcel Number
36-01-11-1-004-003.005
Land Assessment
$20,000
Improvements Assessment
$104,820
Total Assessment
$124,820
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Guthrie's | 6330 Alabama 69 S
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