Aaron's | 15 Year NNN Lease
$1,438,375
1804 2nd Avenue SW, Cullman, AL 35055
For Sale
Retail
Free Standing
Active
Last Updated: 07/20/2021
7.45
Cap Rate
11,661 sqft
Building Size
Details:
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:
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Offering Memorandum
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* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
