Investors Only! 9% Cap Rate Property In Opelika!

Opelika, AL
Lee County


Asking Price: Annual Revenue:
$700,000 Not Disclosed

Commercial Real Estate: Land


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RE: Investors Only! 9% Cap Rate Property In Opelika! Broker: Kavita Purohit

Quick Facts

Asking Price: $700,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 782133274
Broker Reference #: Not Disclosed

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Business Overview:

Investors only! Busy Interstate Exit Location! This property is only one and half hours away from Atlanta!

Property Appraised for $1.14M in 2014!

Cap Rate: 9%
Lot Size: 0.93 acres
Year Built: 1992

Expenses:

Property Insurance: Paid by Tenant
Property Tax: Paid by Tenant
Additional Property maintenance: Paid by Tenant

Gas station rental income is $63,000/yearly. Tenant pays for all expenses including property taxes and property insurance.

Long term lease for 15 years!

Part of Alabama’s second fastest growing county! 10 miles to Auburn University, draws significant traffic! Easy in and out for motor vehicles. Prime location and high real estate value! Just the land is worth the asking price!

Immediately at the intersection of busy I-85 and 280 freeways. Nonstop traffic - day and night. Surrounded by 7 motels and 8 factories.

Asking Price for Property: $700,000!

9% Cap Rate Property!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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