This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

TROPICAL SMOOTHIE & COOKIE PLUG 1425 McFarland Blvd

2,296 SF 100% Leased Retail Building Northport, AL 35476 $3,853,764 CAD ($1,678 CAD/SF) 6.25% Cap Rate

Investment Highlights

  • 15-Year absolute NNN lease with zero landlord responsibilities.
  • Brand new 2024 remodel for Tropical Smoothie & Cookie Plug.
  • Located directly across from Alabama’s busiest Chick-Fil-A.
  • 7.5% Rental increases every 5-years for the life of the lease.
  • Single tenant building with a franchisee that is operating two concepts out of this location.
  • Several national retailers including Walmart Neighborhood Market, Publix, Hobby Lobby, Harbor Freight and many more.

Executive Summary

Broker of Record
Kyle Matthews
License No. 000110253 - 0 (AL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,296 SF
Building Class
B
Year Built
2024
Price
$3,853,764 CAD
Price Per SF
$1,678 CAD
Cap Rate
6.25%
NOI
$240,860 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
0.51 AC
Opportunity Zone
Yes
Zoning
GC - Commercial
Parking
32 Spaces (13.94 Spaces per 1,000 SF Leased)
Frontage
108 ft on Mcfarland Blvd

Amenities

  • 24 Hour Access
  • Pylon Sign
  • Signage
  • Drive Thru
  • Air Conditioning

Nearby Major Retailers

Mcallister's Deli
PNC Bank
Waffle House
Rent-A-Center
Regions Bank
Smartbank
Piggly Wiggly
Publix
Synovus Bank
9round

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
31-02-10-2-005-004.000
Land Assessment
$30,195 CAD
Improvements Assessment
$115,436 CAD
Total Assessment
$145,630 CAD
  • Listing ID: 33855019

  • Date on Market: 2024-11-13

  • Last Updated:

  • Address: 1425 McFarland Blvd, Northport, AL 35476

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}