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2715 Taylor Rd 3,056 SF Retail Building Montgomery, AL 36117 $2,624,625 CAD ($858.84 CAD/SF) 7.25% Cap Rate
Investment Highlights
- Carl Karcher Enterprises (CKE) is one of the largest QSR concepts with ±3,300 locations in 42 states and 28 countries.
- There are approximately 103,019 people within a 5-mile radius from the property and an average annual household income north of $103,000
- The subject property is located down the road from the I-85 highway that acts as a main artery directly to downtown Montgomery.
- The tenant is responsible for all expenses providing an investor with passive income and no landlord responsibilities.
- retail is found just south of the I-85 on/off ramp along Taylor and Vaughn Rd. A few of the tenants are Starbucks, Waffle House, ETC
Executive Summary
Kyle Matthews
License No. 000109289-0 (AL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
License No. 000109289-0 (AL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,056 SF
Building Class
C
Year Built
2004
Price
$2,624,625 CAD
Price Per SF
$858.84 CAD
Cap Rate
7.25%
NOI
$190,285 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.11 AC
Zoning
N/Av, Montgomery
Parking
25 Spaces (8.18 Spaces per 1,000 SF Leased)
Frontage
133’ on Taylor Rd
Amenities
- Pylon Sign
- Restaurant
- Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-09-29-1-000-002.006 | Improvements Assessment | $145,964 CAD |
| Land Assessment | $162,363 CAD | Total Assessment | $308,326 CAD |
Property Taxes
Parcel Number
09-09-29-1-000-002.006
Land Assessment
$162,363 CAD
Improvements Assessment
$145,964 CAD
Total Assessment
$308,326 CAD
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2715 Taylor Rd
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