Guthrie’s

Net Lease

6330 Highway 69 South, Tuscaloosa, Alabama

Ownership Type:

Owner/User

Price:

$2,584,745

Cap Rate:

5.90%

Current Rent:

$152,500

Tenancy:

Single Tenant

Lease Type:

Triple Net

Landlord Responsibilities:

None

Lease Expiration Date::

Approx. 13 years

Renewal Options:

3, 5-year options

Building Sq. Ft.:

2,176 SF

Rent Increases:

5% Every 5 Years

Site Size:

0.99 Acres

Investment Highlights

Prime location at a signalized intersection along Highway 69 South, a highly trafficked retail corridor in Tuscaloosa, AL, which has grown 27.8% since 2000
The Subject Property is just 5 miles from the University of Alabama Campus which has over 38,000 students enrolled and 7,000+ staff members
Other nearby traffic generators include Shelton State College (7,000+ students), as well as local schools enrolling over 2,500 students
Nearby national retailers in the area include: Walgreens, CVS, Publix, Academy, Lowes, Dollar General and Starbucks
Strong tenant with 69 locations across 12 U.S. states, including Alabama, Arizona, Arkansas, Florida, Georgia, Idaho, Kentucky, Mississippi, Nevada, Ohio, Tennessee, and West Virginia
Long-term, 13-year NNN lease with increases throughout

Access Offering Memorandum

Ownership Type:

Owner/User

Price:

$2,584,745

Cap Rate:

5.90%

Current Rent:

$152,500

Lease Type:

Triple Net

Landlord Responsibilities:

None

Lease Expiration Date::

Approx. 13 years

Renewal Options:

3, 5-year options

Building Sq. Ft.:

2,176 SF

Rent Increases:

5% Every 5 Years

Site Size:

0.99 Acres

Listing Agents

Adam English

Managing Director
256.694.9803[email protected]

Jordan Shtulman

Managing Principal
847.226.4133[email protected]

Analyst

Ben Hollis

Analyst
256.595.2574[email protected]

Download Offering Memorandum

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