Exotic Wings for Sale in Birmingham, AL
Birmingham, AL
Key Investment Metrics
Price
$520,000
Cap Rate
10.8%
Net Operating Income
$48,000
Building 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
Property overview
Exotic Wings in Birmingham
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 740 SF
- Land area
- 0.43 acres
- Year built
- 1989
- Lease type
- Absolute NNN
- Lease expiration
- 12/31/2030
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.