Aaron's | 15 Year NNN Lease

1804 2nd Avenue SW, Cullman, AL

   SOLD!   

$1,438,375

Price

7.45%

Cap Rate

11,661 sqft

Building Size

Overview
Cap Rate
7.45%
Building Size
11,661 sqft
Lease Type
Triple Net
Rent PSF
$9.19
Roof
Tenant Responsibility
HVAC
Tenant Responsibility
Structure
Tenant Responsibility
Description

• Freestanding Aaron’s
• NNN Corporate Backed Lease with 7 Years Remaining on Initial Term
• New 2019 Roof and Façade *ask broker for more details
• Located in Retail Corridor of Cullman, AL
• 10% Rental Increase in Year 2020 ($117,875)
• Universally Applicable Building at Low Rent PSF
• 10% Rent Increases in each of the Options
• East Access with Excellent Visibility
• Close Proximity to Downtown Cullman
• Average Household Income $51,000 + within 3-miles

Documents
Title
Offering Memorandum
* Documents permissions are set by the listing owner, request information to access locked documents.

Location
Gallery