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7782 Us-72 Hwy 2,693 SF Retail Building Madison, AL 35757 $4,221,365 CAD ($1,567.53 CAD/SF) 5.85% Cap Rate
INVESTMENT HIGHLIGHTS
- 2.4% Annual Growth Rate in a 5-Mile Radius
- Located just east of the Clift Farm development on Hwy 72, which is Madison’s most dynamic commercial additions
- Clift Farm: restaurants such as First Watch, Culver’s, Walk-On’s Sports Bistreaux, Stoney River, Jim ‘N Nick’s BBQ, La Parilla, Maple St Biscuit Co.
- Average Household Income of over $144,000 in a 1-mile radius
- Clift Farm: mixed-use retail and lifestyle destination that includes retail stores such as Costco, Publix, S&J Produce Farms, Mountain High Outfitters
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,693 SF
Building Class
B
Year Built
2000
Price
$4,221,365 CAD
Price Per SF
$1,567.53 CAD
Cap Rate
5.85%
NOI
$246,950 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.10 AC
Parking
27 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 15-08-28-1-001-015.000 | Improvements Assessment | $131,454 CAD |
| Land Assessment | $195,085 CAD | Total Assessment | $326,539 CAD |
PROPERTY TAXES
Parcel Number
15-08-28-1-001-015.000
Land Assessment
$195,085 CAD
Improvements Assessment
$131,454 CAD
Total Assessment
$326,539 CAD
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7782 Us-72 Hwy
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