Your email has been sent.
Retail or Turnkey Restaurant Opportunity 742 S Forest Ave 3,596 SF of Retail Space Available in Luverne, AL 36049
Highlights
- Former Fast Food restaurant with existing drive-thru
- Strong frontage with excellent signage opportunities
- Established commercial corridor with steady traffic
- Zoned B-3 - suitable for retail, restaurant, or service users
- Easy ingress/egress with ample on-site parking
- Flexible layout allows for multiple commercial uses
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Available | 3,596 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $89,900 /YR $7,492 /MO | Triple Net (NNN) |
1st Floor, Ste Available
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Retail or Turnkey Restaurant Opportunity
- Tenant
- Description
- US Locations
- Reach
- Hardee's
- Fast-food
- 1,903
- International
| Tenant | Description | US Locations | Reach |
| Hardee's | Fast-food | 1,903 | International |
Property Facts
| Total Space Available | 3,596 SF | Gross Leasable Area | 3,596 SF |
| Property Type | Retail | Year Built | 1985 |
| Property Subtype | Fast Food | Parking Ratio | 13.63/1,000 SF |
| Total Space Available | 3,596 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 3,596 SF |
| Year Built | 1985 |
| Parking Ratio | 13.63/1,000 SF |
About the Property
This ±3,596 SF freestanding commercial building is a former fast food restaurant designed for efficient food service operations. The property features a functional drive-thru lane, existing kitchen infrastructure, and a layout well-suited for quick-service or fast-casual concepts. The building offers ample parking, prominent signage opportunities, and easy ingress/egress from Forest Avenue. Available for lease, the space provides an excellent opportunity for restaurant operators or other retail users to capitalize on an established location with built-in operational advantages. The adaptable floor plan also allows for conversion to a variety of commercial uses. Includes grease trap and furniture & fixtures.
Presented by
Retail or Turnkey Restaurant Opportunity | 742 S Forest Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.