Exotic Wings - Net Lease Property for Sale
Birmingham, AL
Key Investment Metrics
Price
$520,000
Cap Rate
10.8%
Net Operating Income
$48,000
Building Size
740 SF
Lot Size
740 SF
Land Area
0.43 Acres
Remaining Term
4.4 years
Lease Expiration
12/31/2030
Lease Type
Absolute NNN
Year Built
1989
Occupancy
100%
Tenancy
Single
About This Exotic Wings Net Lease Property
This Exotic Wings NNN (triple net lease) property is located in Birmingham, AL and represents an excellent investment opportunity for commercial real estate investors. The property features 740 square feet of building space and was built in 1989.
With a cap rate of 10.8%, this Exotic Wings net lease property offers stable income potential. The asking price is $520,000, making it an attractive option for 1031 exchange investors seeking quality Exotic Wings commercial properties.
Why Invest in Exotic Wings NNN Properties?
- Stable Income: Exotic Wings net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Exotic Wings is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Birmingham, AL Market Overview
Located in Birmingham, AL, this Exotic Wings property benefits from strong local demographics and market fundamentals. The Birmingham area offers excellent visibility and accessibility, making it an ideal location for Exotic Wings operations and a solid investment for net lease property buyers.