Staples & Adjacent Lot

23,942 SF Staples on 2.41 Acres.

Adjacent lot is 1.9 Acres

Average annual NOI over the 5-Year term of $191,536 plus $3,000 annual rent from billboard ground lease.

Price: $2,950,000

Newly renewed 5-Year lease expires March 31, 2031.

Three 5-Year options remain:

• Option 1 - $11.50/ft

• Option 2 - $12.00/ft

• Option 3 - $12.50/ft

Located in Guntersville, AL along US Hwy 431, primary route between Huntsville and Gadsden, AL.

Nearby retailers include Super Walmart, Belk, Starbucks, Lowe’s, Dollar Tree, Shoe Dept., Chevrolet, Aspen Dental, Chick-fil-A, Cato, Spectrum.

High traffic flow (±30,000 VPD) along Route 431.

Draws from population over 90,000, from Huntsville to Gadsden and surrounding areas of Albertville, Boaz and Guntersville.

Landlord responsible only for structure and roof.