Prattville, AL - Ztec Fuel
$7,029,000
1284 McQueen Smith Rd S, Prattville, AL 36066
7
Cap Rate
492,000
NOI
Details:
Description:
• The tenant will enter at close of escrow into a brand new 15-year lease with 3 (5-year) options, demonstrating their commitment to the site
• The lease features 2% annual rental increases throughout the initial term and options thereafter, growing NOI and hedging against inflation
• The site is near Prattville Town Center, a 430,000+ SF shopping center, that is anchored by Home Depot, Target, Petsmart, Office Depot, T.J. Maxx and more
• Other nearby national/credit tenants include Publix, Aldi, Walmart Supercenter, Hobby Lobby, Academy, Michael’s and many more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
Location
Gallery