Stabilized Net Lease For Sale
$5,331,221
60 Springville Station, Springville, AL 35146
For Sale
Retail
Other
Active
Last Updated: 10/25/2024
6.55
Cap Rate
4,086 sqft
Building Size
Details:
Cap Rate: 6.55%
Building Size: 4,086 sqft
Occupancy: 100%
Lease Type: Triple Net
Tenancy: Single
Year Last Renovated: 2023
Highlights:
- Stabilized net lease
- Newly renovated
- 18 years left
Description:
This property located in Springville, AL consists of 0.88 acres of property with 4,086 building square feet renovated in 2023 as a new express car wash operated by Mach-1 Express Wash. Mach-1 has a lease in place until 2042. This property is part of a two building portfolio in Alabama. The second building and property are also available for sale and it is leased to Mach-1 Express Wash as well. Please ask for more information on the second property.
Documents:
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60_Springville_Brochure_Revised.pdf
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Location
Gallery
