Jim 'N Nick's - Huntsville, AL
2001 Four Mile Post Road Southeast, Huntsville, AL, 35802, US
822 mètres carrés
Descriptif
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the new construction Circle K located at 1220 Perry Hill Rd in Montgomery, AL (“Property” or “Asset”). Circle K currently operates under an investment-grade, corporate-backed 20-year absolute NNN ground lease with 16.7 years remaining on the term. The lease features attractive 10% rent increases every 5 years and includes six 5-year renewal options, ensuring long-term tenancy potential. Notably, the lease stipulates zero landlord responsibilities, eliminating management obligations for the property owner.
...
Attributs
Prix demandé
6 422 000 $
Taux de capitalisation
5,35 %
RNI
344 000 $
WAULT
16.7 années
Superficie du bâtiment brute
408 mètres carrés
Année de construction
2022
Superficie du terrain brute
0,45 ha
Média
Points forts de l'investissement
- Operating on an absolute NNN lease with ±16 years of lease term remaining
- 2022 construction in Montgomery's largest retail submarket (14.9M SF inventory)
- Near-term 10% rental escalation in January 2027 resulting in a 50bps cap rate improvement
- Investment grade (BBB+) tenancy with global scale of 14,000+ locations
- Prime I-85 frontage 3-miles from downtown Montgomery with access to 110,000 vehicles per day
Contactez les courtiers
Circle K - Montgomery, AL (Perry Hill) (0 Propriétés)
JLL peut vous aider à financer et à gérer votre portefeuille. Envoyez-nous un courriel aujourd'hui pour voir comment nous pouvons vous aider à réaliser vos ambitions.
Dernière mise à jour
6 juin 2025
