12777 Us-80 Pike Road, AL 36064
High-growth area, strong NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 127
Highlights
- Fee-simple, single-tenant Ellianos Coffee in Pike Road, AL.
- 805 SF building on a 0.3-acre lot, built in 2023, with a 100% occupancy rate.
- 13.5-year remaining lease (expiring 05/31/2038), with 2% annual rent increases and a 5-year option.
- Strong NOI of $96,000, resulting in a 6.75% cap rate; asking price: $1,420,000.
- Prime location adjacent to I-85, near 3,000 housing units with high average household incomes, and planned commercial development (hotel, urgent care, restaurants).
Property Details for 12777 Us-80
- Property type
- Retail properties
- Square Feet
- 805 SF
- Year Built
- 2023
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 13,068 SF
- Units
- 1
Location Insight
- City
- Pike Road
- County
- Montgomery
- State
- Alabama
- Latitude
- 32.367699
- Longitude
- -86.050074
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-growth area, strong NOI.
- Where is the retail property located?
- The property is located at 12777 Us-80 Pike Road, AL.
- What is the asking price?
- The asking price for this property is $1,420,000.
- What are key features of this property?
- This property features: Fee-simple, single-tenant Ellianos Coffee in Pike Road, AL.; 805 SF building on a 0.3-acre lot, built in 2023, with a 100% occupancy rate.; 13.5-year remaining lease (expiring 05/31/2038), with 2% annual rent increases and a 5-year option.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].