Walk-On’s - NNN Net Lease Property for Sale
Trussville, AL
Key Investment Metrics
Price
$3,180,000
Cap Rate
6.0%
Net Operating Income
$190,750
Building Size
10402 SF
Lot Size
7,760 SF
Land Area
1 Acres
Year Built
1974
Tenancy
Single
Rent Increases
Yes
About This Walk-On’s Net Lease Property
This Walk-On’s NNN (triple net lease) property is located in Trussville, AL and represents an excellent investment opportunity for commercial real estate investors. The property features 10402 square feet of building space and was built in 1974.
With a cap rate of 6.0%, this Walk-On’s net lease property offers stable income potential. The asking price is $3,180,000, making it an attractive option for 1031 exchange investors seeking quality Walk-On’s commercial properties.
Why Invest in Walk-On’s NNN Properties?
- Stable Income: Walk-On’s net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Walk-On’s 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.
Trussville, AL Market Overview
Located in Trussville, AL, this Walk-On’s property benefits from strong local demographics and market fundamentals. The Trussville area offers excellent visibility and accessibility, making it an ideal location for Walk-On’s operations and a solid investment for net lease property buyers.