Time Motivated Seller | Low Price – High Yield Interstate Redevelopment Opportunity

Agent Info

Brandon Kassab

248.702.0292
bkassab@encorereis.com

David Wilson

248.702.0947
dwilson@encorereis.com

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Offering Information

2010 Saint Stephens Road
Prichard, AL

  • Price: $400,000
  • Cap. Rate: 11.95%
  • NOI: $
  • Building Size: 1,530SF
  • Lot Size: .50 AC

Investment Highlights

  • TRAFFIC COUNT OF 23,410 VEHICLES/DAY ON ST STEPHENS RD
  • CORNER LOCATION
  • LOW PRICE POINT AND ATTRACTIVE CAP
  • CORPORATE GUARANTEE
  • REDEVELOPMENT OPPORTUNITY
  • SCHEDULED RENTAL INCREASES OF 1.5% ANNUALLY
  • NNN LEASE WITH 7 YEARS REMAINING