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876 North Eastern Boulevard
Montgomery, AL 36117
Asking Price
$2.31M
Cap Rate
6.25%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
Retail | 6.25% CAP | 2,421 SqFt <ul><li>Absolute NNN Lease: The property is secured by a long-term absolute NNN lease with approximately 16 years remaining, providing passive income with zero landlord responsibilities.</li><li>Upcoming High School Development: The planned Percy Julian High School, projected to serve 2,000 students and open in Spring 2028, is expected to significantly enhance local foot traffic, housing demand, and long-term area growth.</li><li>Strong Demographics: The asset is supported by a dense populati
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NOI
$80,000
Cap Rate
3.46%
DSCR
0.58
Underwater
Cash-on-Cash
-8.25%
Monthly Payment
$11,436.941
Annual Cash Flow
$-57,243.295
