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530 4th Ave SE
Red Bay, AL 35582
Always Money Store, Corporate Guaranteed · Retail Property For Sale
PROPERTY FACTS
ABOUT 530 4TH AVE SE , RED BAY, AL 35582
Subject property consists of a 2,094 square foot retail Always Money store, corporately guaranteed by TMS Group Inc. (Triton Management Group Inc.) TMS Group has been in business since 1978. TMS Group operates approx. 500 locations throughout Alabama, South Carolina and Mississippi. Always Money lease expires January 31, 2019. Other retailers nearby include Fred' s, Chevron, McDonalds, Jacks, O'Reilly Auto just opened, Dollar Genera Store Market, Piggy Wiggly and CVS. Property offers high yield cash flow at an 13% cap rate. Site is currently Subleased to Maxx South Broadband Red Bay is located approximately 23 miles West of the county seat of Franklin County, 38 miles Southwest of Muscle Shoals, Alabama, 90 miles West of Huntsville, Alabama, 42 miles Northeast of Tupelo, Mississippi, 123 miles Northwest of Birmingham, Alabama, and 148 miles Southeast of Memphis, Tennessee
PROPERTY TAXES
| Parcel Number | 07-04-20-4-000-042.001-0 | Improvements Assessment | $17,540 |
| Land Assessment | $1,520 | Total Assessment | $19,060 |
PROPERTY TAXES
