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Ellianos Coffee - Montgomery AL 9011 Eastchase Pky 810 SF Retail Building Montgomery, AL 36117 $2,260,852 CAD ($2,791.18 CAD/SF) 6.50% Cap Rate
Investment Highlights
- 8 Years Remaining | Strong & Growing Tenant | Scheduled Rental Increases | Options to Extend
- Off I-85 | Along Eastchase Pkwy | Dense Retail Corridor | Auburn University at Montgomery
- Absolute NNN | Zero Landlord Responsibilities |Fee Simple
- Ideal Demographics in 5-Mile Trade Area | Six-Figure Incomes
Executive Summary
• The tenant currently has 8 years remaining on their initial lease with 2 (5-year) options to extend, demonstrating their commitment to the site
• Ellianos Coffee was founded in Lake City, Florida and currently has 74 operating locations with over 200 additional locations planned
• The lease features a 2% annual rental increases throughout initial term and options thereafter, steadily growing the NOI and providing a hedge against inflation
• Ellianos Coffee was founded in Lake City, Florida and currently has 74 operating locations with over 200 additional locations planned
• The lease features a 2% annual rental increases throughout initial term and options thereafter, steadily growing the NOI and providing a hedge against inflation
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
810 SF
Building Class
C
Year Built
2024
Price
$2,260,852 CAD
Price Per SF
$2,791.18 CAD
Cap Rate
6.50%
NOI
$146,915 CAD
Tenancy
Single
Building Height
1 Story
Amenities
- Signage
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-05-15-4-002-004.009 | Improvements Assessment | $193,315 CAD |
| Land Assessment | $183,618 CAD | Total Assessment | $376,933 CAD |
Property Taxes
Parcel Number
09-05-15-4-002-004.009
Land Assessment
$183,618 CAD
Improvements Assessment
$193,315 CAD
Total Assessment
$376,933 CAD
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Ellianos Coffee - Montgomery AL | 9011 Eastchase Pky
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