ExtraMile
Montgomery,
AL
PROPERTY INFORMATION
PRICE SUMMARY
$ 6129035
CAP RATE
6.2 %
NOI
$ 380000
TOTAL LOT SIZE
1.25 Acres
BUILDING SIZE
3600 SF
PROPERTY HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease - Rent Commenced January 2025
- 1.5% Annual Increases Throughout Primary Term and Option Periods
- Large 200+ Unit Operator Across 6 Southeastern States With Plans for Growth
- Operator Has Been in Business for 30+ Years
- 1.25 Acre Corner Lot Located Along HWY 80 Featuring 47,000+ Combined VPD With Points of Access from 2 Roads
- Montgomery is the State Capital of Alabama and Features a Population Near 200,000
- Booming Local Economy - Several New Business in Area - Meta Platform (715,000 SF Campus), Amazon to Build 650,000 SF Facility, Hyundai Motors ($290M Investment)
- Extra Mile has Over 1,100 Locations With Plans on Expanding to 2,000 by 2029
- Available for Bonus Depreciation
- Chevron Unveiled Extra Mile Convenience Stores in 2017 With Great Success
ExtraMile
|
4303 S Court St,
Montgomery,
AL
36105
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POINT OF CONTACT
-
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In Cooperation With Brian Brockman at Bang Realty-Alabama Inc | AL #119315 | bor@bangrealty.com | (513) 898-1551
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