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Mach-1 Express Wash 1837 Lee Avenue Ave 6,400 SF Retail Building Cullman, AL 35055 $7,557,887 CAD ($1,180.92 CAD/SF) 7.50% Cap Rate

Retail Spaces Alabama Cullman 1837 Lee Avenue Ave, Cullman, AL 35055

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INVESTMENT HIGHLIGHTS

  • The subject property qualifies for Bonus Depreciation (please discuss with your accountant for more information).
  • Absolute NNN Lease with zero Landlord Responsibilities.
  • Less than 1 mile from a Walmart Distribution Center.
  • 2024 Built-to-Suit construction for Mach 1 Car Wash.
  • 20-year lease with attractive 1.50% annual rent increases for the entirety of the lease (includes option periods).
  • Traffic counts over ±20,000 VPD on Cherokee Ave SW.

EXECUTIVE SUMMARY

Broker of Record
Hutt Cooke
License # 000110253 - 0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
6,400 SF
Year Built
2024
Price
$7,557,887 CAD
Price Per SF
$1,180.92 CAD
Cap Rate
7.50%
NOI
$566,841 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
3.00 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

LINKS

1 1

NEARBY MAJOR RETAILERS

Anytime Fitness
Starbucks
Zaxby's
Jim ’N Nick’s Bar-B-Q
Chicken Salad Chick
Golden Corral
7 Brew Coffee
Planet Fitness
PNC Bank
Woodforest National Bank
(615) 521-6955

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 38779247

  • Date on Market: 2025-12-15

  • Last Updated:

  • Address: 1837 Lee Avenue Ave, Cullman, AL 35055

The Retail Property at 1837 Lee Avenue Ave, Cullman, AL 35055 is currently available for Sale. Contact Matthews Real Estate Investment Services for more information.

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Mach-1 Express Wash | 1837 Lee Avenue Ave
(615) 521-6955 x

Mach-1 Express Wash | 1837 Lee Avenue Ave

Hutt Cooke
(615) 521-6955

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