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Wendy's 4422 Old Birmingham Hwy 3,158 SF Retail Building Tuscaloosa, AL 35404 $3,588,844 CAD ($1,136.43 CAD/SF) 6% Cap Rate
Investment Highlights
- Proximity to University of Alabama
- Proximity to Major Healthcare Facility
- Strong Franchisee Guarantee
- Robust Retail Synergy in the Immediate Trade Area
Executive Summary
Surmount is pleased to present the exclusive listing for a Wendy’s located at 4422 Old Birmingham Highway, Tuscaloosa, AL 35404. The site consists of roughly 3,158 rentable square feet of building space on an estimated 1.19-acre parcel of land. Wendy’s is subject to a 15-year lease, which commenced 6/1/2024. The current annual rent is $156,750 and has scheduled increases of 6.00% Every 3 Years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,158 SF
Building Class
B
Year Built
2001
Price
$3,588,844 CAD
Price Per SF
$1,136.43 CAD
Cap Rate
6%
NOI
$215,331 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.19 AC
Zoning
BN
Frontage
75’ on Old Birmingham Hwy
Amenities
- Pylon Sign
- Signage
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 30-05-21-4-002-058.000 | Improvements Assessment | $152,653 CAD |
| Land Assessment | $41,178 CAD | Total Assessment | $193,831 CAD |
Property Taxes
Parcel Number
30-05-21-4-002-058.000
Land Assessment
$41,178 CAD
Improvements Assessment
$152,653 CAD
Total Assessment
$193,831 CAD
Contacts
-
Matthew Anuszkiewicz -
Kyle Karsian -
Tyler Hardin -
Glen Kunofsky -
Christopher Marks -
Surmount
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Wendy's | 4422 Old Birmingham Hwy
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