Discount Tire – GL Madison, AL

8018 Hwy 72 W
Madison, AL

Price: $1650000
Cap Rate: 4.85%
NOI: $80,000
Building Size: Approx. 7373 Sq. Ft.
Lot Size: Approx. 0.89 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 2017

Investment Overview

  • 2017 Build. 7,373+/- SF Building on .89+/- Acre Site
  • 20-Year Corp NNN GL w/ 5% Rent Bumps Every 5 Years
  • Located along Hwy 72 W (51K VPD), & Wall Triana Highway
  • Across Lowe’s | Near McDonalds, O’Reilly, Chick-Fil-A, PNC
  • Attractions: US Space & Rocket Center | Monte Sano Park
  • Major Employers: Intergraph | Boeing Co | Toyota Motor Mfg.
  • Ranked: #2 in the US for Auto Mfg. Strength – Business Facilities
  • 2000-2017: 4.5% Pop Growth | Fastest Growing city in AL – Chamber
  • 5-Mile Radius: 2017 Day Pop: 35,224 l  1-Mile Avg HH Income:  $132,850
  • Huntsville-Decatur-Albertville (CSA) | Second Largest Metro in Alabama

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