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617 Cleveland Ave
Attalla, AL 35954
Asking Price
$1.28M
Cap Rate
8%
Asset Type
Convenience Store Retail
Class
Class B
What's Special
New 20 Year Lease at Close of Escrow with 1.75% Annual Increases <p>For More Information, Contact</p><p>Chandler Dignam cdignam@anchorpointcapital.com </p><p>Jacob Sparks jsparks@anchorpointcapital.com</p><p></p><p><strong>Excellent Single Tenant Investment Opportunity</strong></p><ul><li>Absolute NNN Lease; Zero Landlord Responsibilities</li><li>New 20 Year Lease Executed at Close of Escrow</li><li>1.75% Annual Increases in Primary Term and Options</li><li>Strong Lease Guaranty; SGS Holdings with Over 20 years of Operating History</li><li>2,250 Square F
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NOI
$80,000
Cap Rate
6.24%
DSCR
1.05
Tight
Cash-on-Cash
1.02%
Monthly Payment
$6,341.241
Annual Cash Flow
$3,905.104