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718 2nd Ave E
Oneonta, AL 35121
McDonald's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Ground Lease
- Located on Main Thoroughfare
- Recent Tenant Improvements
- Double Drive Thru Footprint
EXECUTIVE SUMMARY
With a long operating history of 35+ years, low annual rent of $44,430.72, the base lease term ending on December 13, 2034, and four, (5) year option periods available, investors can enjoy long-term stability and the potential for continued tenancy well into the future. This provides a significant advantage for long-term planning and financial security. With a long operating history of 35+ years, low annual rent of $44,430.72, the base lease term ending on December 13, 2034, and four, (5) year option periods available, investors can enjoy long-term stability and the potential for continued tenancy well into the future. This provides a significant advantage for long-term planning and financial security.
PROPERTY FACTS In Escrow
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,376 SF
Building Class
C
Year Built/Renovated
1982/2016
Price
$1,475,668 CAD
Price Per SF
$621.07 CAD
Cap Rate
4.15%
NOI
$61,240 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.55 AC
PROPERTY TAXES
| Parcel Number | 16-09-31-1-002-015.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $47,514 CAD | Total Assessment | $47,514 CAD |
PROPERTY TAXES
Parcel Number
16-09-31-1-002-015.000
Land Assessment
$47,514 CAD
Improvements Assessment
$0 CAD
Total Assessment
$47,514 CAD
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