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CVS with 12+ Yrs Remaining on 20-Yr. Lease 6891 Vaughn Rd 10,000 SF Retail Building Montgomery, AL 36116 $4,367,477 CAD ($436.75 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
$4,367,477 CAD
Price Per SF
$436.75 CAD
Cap Rate
6.50%
NOI
$283,891 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 | $265,651 CAD |
| Land Assessment | $211,702 CAD | Total Assessment | $477,352 CAD |
Property Taxes
Parcel Number
09-09-30-1-000-030.000
Land Assessment
$211,702 CAD
Improvements Assessment
$265,651 CAD
Total Assessment
$477,352 CAD
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CVS with 12+ Yrs Remaining on 20-Yr. Lease | 6891 Vaughn Rd
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