Net Leased Asset For Sale
$5,854,580
420 Fieldstown Road, Gardendale, AL 35071
For Sale
Retail
Other
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.
Documents:
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420_Fieldstone_Brochure_-_Revised.pdf
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