8253 AL HWY 69

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8253 AL HWY 69

Arab, AL 35016
Asking Price
$350K
Asset Type
Bank Retail
Class
Class B

What's Special

Retail | 2,400 SqFt <ul><li>​Commercial property w/ 2400sqft building & storage building. Outdoor space currently rented as "farmers market".</li><li>​Commercial property with 2400sqft block building at busy intersection on Al Hwy 69 in front of Marshall Medical Center. Traffic light and corner property. Approx. 12,000ADT count in growing section of the county between Guntersville and Arab. Currently rented land as "corner farmer's market" with plenty of easily accessible parking. Plenty of open space beside the bu

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692

Location & Travel Times