An NNN Capital Company
Ellianos Coffee
12777 US Hwy 80 E, Pike Rd, AL 36064
6.15%
Cap Rate
NNN
Lease Type
15 Years
Term Remaining
$96,000
NOI
805 sqft
Bldg Size
0.30 Acres
Lot Size
2024
Year Built
$118,142
3 Mile HHI
11,232
3 Mile Pop
Landlord Responsibilities: Landlord must make initial payment of property taxes and its respective insurance policy but is reimbursed monthly in the form of additional rent for those costs. There are no obligations for the Landlord for to maintain or repair the premises.
Tenant Responsibilities: This is a triple net lease and the Tenant is fully responsible for all maintenance and repairs to the premises along with the full reimbursement of the Tenant’s proportionate share of property taxes and insurance that were paid for by the Landlord.
93,000 VPD: Subject property is directly adjacent to Interstate 85 which sees 93,000 VPD travel right past the site.
MARKET SHARE : Ellianos is the first choice for coffee for the nearly three thousand housing units within a 5-mile radius.
BRAND NEW CONSTRUCTION : Ellianos has a new NNN lease in place with 2% rental increases. Coupled with 2024 construction, this makes for a passive investment.
Deal Highlights
$1,560,000
Price
Price
$1,560,000
The Deal in 30 Seconds
Deal in 30 Seconds
Nash Williams
