For Sale
$799,000

205 Cox Creek PkwyFlorence, AL 35630

High-traffic location, 7.5% cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
117
This single-tenant, 4,848 square foot retail property located at 205 Cox Creek Pkwy, Florence, AL 35630, is offered at $799,000 ($164.81/sq ft). Built in 1980, this one-story building sits on a highly visible corner lot at a bustling intersection, boasting 100% occupancy with a remaining lease term of 1.7 years under a NNN lease. The property's current tenant provides a stable income stream, yielding a 7.5% capitalization rate. The property's location offers excellent visibility and high foot traffic, situated near numerous established retailers including Academy Sports, LongHorn Steakhouse, Outback Steakhouse, TJ Maxx, Party City, Walmart, Taco Bell, Umi Japanese Steakhouse, Captain D's, and Yogurt Mountain. The versatile space presents significant potential for future development and expansion, particularly suitable for a fast-food restaurant on a ground lease. The property is zoned for commercial use (00 Commercial). This is a compelling investment opportunity in a thriving retail corridor. The property consists of one building with one unit.

Highlights

  • $799,000 asking price for this retail property.
  • NNN lease, single tenant occupancy with 1.7 years remaining on the lease.
  • 4,848 square feet, priced at $164.81 per square foot, offering a 7.50% cap rate.
  • 100% occupancy in a single, one-story, 4,848 square foot building constructed in 1980.
  • Located at 205 Cox Creek Pkwy, Florence, AL 35630, in a high-traffic retail area with nearby national retailers.

Property Details for 205 Cox Creek Pkwy

Property type
Retail properties
Square Feet
4,848 SF
Year Built
1980
Buildings
1
Stories
1
Units
1

Location Insight

City
Florence
County
Lauderdale
State
Alabama
Latitude
34.8309418
Longitude
-87.6290175
205 Cox Creek Pkwy, Florence, Alabama

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
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 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 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].
205 Cox Creek Pkwy
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message