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Net Leased Asset For Sale

$5,854,580

420 Fieldstown Road, Gardendale, AL 35071

Active
Last Updated: 10/25/2024

6.55

Cap Rate

4,077 sqft

Building Size

Details:
Cap Rate:    6.55%
Building Size:    4,077 sqft
Occupancy:    100%
Lease Type:    Triple Net
Year Built:    2023
Tenancy:    Single
Lease Expire Year:    2042
Highlights:
  • Stabilized
  • New construction
  • 18 years left
Description:

This property located in Gardendale, AL consists of 0.61 acres of property with 4,077 building square feet constructed in 2023 as a brand 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.

Map:
Documents:
Title
420_Fieldstone_Brochure_-_Revised.pdf
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Location
Gallery