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