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Guthrie's 6330 Alabama 69 S 2,075 SF Retail Building Tuscaloosa, AL 35405 $3,375,447 CAD ($1,626.72 CAD/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- The Subject Property is just 5 miles from the University of Alabama Campus which has over 38,000 students enrolled and 7,000+ staff members
- Nearby national retailers in the area include: Walgreens, CVS, Publix, Academy, Lowes, Dollar General and Starbucks
- Other nearby traffic generators include Shelton State College (7,000+ students), as well as local schools enrolling over 2,500 students
- Long-term, 13-year NNN lease with increases throughout
EXECUTIVE SUMMARY
Prime location at a signalized intersection along Highway 69 South, a highly trafficked retail corridor in Tuscaloosa, AL, which has grown 27.8% since 2000
Strong tenant with 69 locations across 12 U.S. states, including Alabama, Arizona, Arkansas, Florida, Georgia, Idaho, Kentucky, Mississippi, Nevada, Ohio, Tennessee, and West Virginia
Strong tenant with 69 locations across 12 U.S. states, including Alabama, Arizona, Arkansas, Florida, Georgia, Idaho, Kentucky, Mississippi, Nevada, Ohio, Tennessee, and West Virginia
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,075 SF
Building Class
B
Year Built
2023
Price
$3,375,447 CAD
Price Per SF
$1,626.72 CAD
Cap Rate
6.25%
NOI
$210,965 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.01 AC
Zoning
B-3 - GENERAL BUSINESS
Parking
33 Spaces (15.9 Spaces per 1,000 SF Leased)
Frontage
111’ on Alabama 69
AMENITIES
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 36-01-11-1-004-003.005 | Improvements Assessment | $145,006 CAD |
| Land Assessment | $27,668 CAD | Total Assessment | $172,673 CAD |
PROPERTY TAXES
Parcel Number
36-01-11-1-004-003.005
Land Assessment
$27,668 CAD
Improvements Assessment
$145,006 CAD
Total Assessment
$172,673 CAD
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Guthrie's | 6330 Alabama 69 S
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