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CVS with 12+ Yrs Remaining on 20-Yr. Lease 6891 Vaughn Rd 10,000 SF Retail Building Montgomery, AL 36116 $4,449,358 CAD ($444.94 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Over 12-Years Remaining on 20-Year Lease Extension
- Investment Grade Credit Rated Tenant
- Hard Corner at Signalized Intersection with 48,100 VPD
- 2.5 Miles to Auburn University at Montgomery
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Building Class
C
Year Built
1998
Price
$4,449,358 CAD
Price Per SF
$444.94 CAD
Cap Rate
6.50%
NOI
$289,214 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.37 AC
Zoning
B-2
Parking
54 Spaces (5.4 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signalized Intersection
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 09-09-30-1-000-030.000 | Improvements Assessment | $270,631 CAD |
| Land Assessment | $215,671 CAD | Total Assessment | $486,302 CAD |
PROPERTY TAXES
Parcel Number
09-09-30-1-000-030.000
Land Assessment
$215,671 CAD
Improvements Assessment
$270,631 CAD
Total Assessment
$486,302 CAD
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CVS with 12+ Yrs Remaining on 20-Yr. Lease | 6891 Vaughn Rd
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