Log In/Sign Up
Your email has been sent.
12645 US Highway 80 E
Pike Road, AL 36064
Eagle Gas - Pike Road AL · Retail Property For Sale
Investment Highlights
- Brand New 15-Year Lease | Annual Rental Increases | Options to Extend
- Off I-85 | Near Hwy-80 | Strong National/Credit Tenant Presence | Nearby Home Developments
- Absolute NNN Sale-Leaseback | Fee Simple Ownership | Zero Landlord Responsibilities
- Ideal Demographics in 5-Mile Trade Area | Six-Figure Incomes
Executive Summary
• The tenant will enter at close of escrow into a brand new 15-year lease with 3 (5-year) options, demonstrating their commitment to the site
• The lease features 2% annual rental increases throughout the initial term and options thereafter, growing NOI and hedging against inflation
• The lease features 2% annual rental increases throughout the initial term and options thereafter, growing NOI and hedging against inflation
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
7,647 SF
Building Class
B
Year Built/Renovated
2021/2022
Price
$13,061,428 CAD
Price Per SF
$1,708.05 CAD
Cap Rate
7%
NOI
$914,258 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.72 AC
Parking
45 Spaces (5.88 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
Property Taxes
| Parcel Number | 08-05-15-0-002-003.001 | Improvements Assessment | $490,098 CAD |
| Land Assessment | $166,063 CAD | Total Assessment | $656,160 CAD |
Property Taxes
Parcel Number
08-05-15-0-002-003.001
Land Assessment
$166,063 CAD
Improvements Assessment
$490,098 CAD
Total Assessment
$656,160 CAD
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
