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1074 Forestdale Boulevard
Birmingham, AL 35214
Asking Price
$275K
Asset Type
Restaurant Retail
Class
Class B
What's Special
1074 Forestdale Boulevard, Birmingham, AL 35214 <ul><li>6,700 SF freestanding, 2nd generation restaurant on a 2-acre lot</li><li>Commercial corridor with 19,000 VPD traffic count</li><li>Surrounded by national retailers: McDonald's, KFC, Taco Bell, Arby's, Milo's, and Ace Hardware</li><li>Ample on-site parking</li><li>Excellent visibility and signage on Forestdale Boulevard</li><li>Ideal for restaurant, retail, entertainment, or redevelopment</li><li>Population of 70,000+ within a 5-mile radius</li></ul>
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NOI
$80,000
Cap Rate
29.09%
DSCR
4.90
Strong
Cash-on-Cash
77.18%
Monthly Payment
$1,360.55
Annual Cash Flow
$63,673.401
