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1409 WOODWARD AVE
MUSCLE SHOALS, AL 35661-2239
Asking Price
$714K
Cap Rate
7%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
Absolute NNN Lease | Strong National Credit Tenant <ul><li><strong>Absolute NNN Lease with Zero Landlord Responsibilities</strong> - Tenant is responsible for all taxes, insurance, CAM, roof, and structure, providing a truly passive investment structure</li><li><strong>Strong National Credit Tenant</strong> – Little Caesars is the third-largest pizza chain in the U.S. with over 5,463 locations worldwide and approximately $3.8 billion in annual revenue.</li><li><strong>Attractive 4.3% Rent-to-Sales Ratio</strong> – Favorable rent coverage demo
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NOI
$80,000
Cap Rate
11.20%
DSCR
1.89
Strong
Cash-on-Cash
17.56%
Monthly Payment
$3,532.482
Annual Cash Flow
$37,610.211
