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3225 Saint Stephens Rd
Mobile, AL 36612
Asking Price
$1.20M
Cap Rate
8%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
Retail | 8.00% CAP | 2,476 SqFt <ul><li>Strong surrounding retail including Walmart, Dollar General, CVS, and other national tenants.</li><li>Signalized corner location on a main commercial corridor with over 25,000 cars per day at property</li><li>Less than 1 mile off I-65, the state's primary N-S highway with over 71,000 cars per day at the exit</li><li>8 miles NW of downtown Mobile in a trade area of 90,600+ residents in a 5 mile radius</li><li>55 year old brand with more than 1,930 restaurants in 30 states and interna
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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657
