STREAM Capital Partners > Properties > All Properties > The Peach Cobbler Factory & T-Mobile

The Peach Cobbler Factory & T-Mobile

Net Lease

145 Springville Station Blvd, Springville, Alabama
Ownership Type:
Owner/User
Price:
$2,082,000
Cap Rate:
7.00%
Current Rent:
$145,740
Tenancy:
Multi-Tenant
Lease Type:
DoubleNet
Landlord Responsibilities:
Roof and Structure
Renewal Options:
See OM
Building Sq. Ft.:
4,485 SF
Rent Increases:
See OM
Site Size:
1.00 Acres

Investment Highlights

  • Brand New Lease with Minimal Landlord Responsibilities: Brand new construction 10 year NN lease with options to extend providing passive ownership opportunity.
  • Well Positioned: Situated just off exit 156 on I- 59 which has a traffic count of over 30,000 VPD.
  • Affluent Area: The average household income within a 1 mile radius is $87,500.
  • Retail Dense Location: Located near other national tenants such as Walmart, Waffle House, Taco Bell, Zaxby’s Burger King, and Fresh Market.
  • Experienced Operators: T-Mobile currently operates 7,500 retail stores nationwide. The Peach Cobbler Factory operates over 100 retail stores across 19 states and are expanding rapidly.
Ownership Type:
Owner/User
Price:
$2,082,000
Cap Rate:
7.00%
Current Rent:
$145,740
Lease Type:
DoubleNet
Landlord Responsibilities:
Roof and Structure
Renewal Options:
See OM
Building Sq. Ft.:
4,485 SF
Rent Increases:
See OM
Site Size:
1.00 Acres

Listing Agents

Adam Baxter

Vice President
205 394 3520[email protected]

Adam English

Managing Director
256.694.9803[email protected]

Ben Hollis

Analyst
256.595.2574[email protected]

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