MainStreet Family Care | Millbrook, AL
Sands Investment Group is Pleased to Present Exclusively For Sale the Double NN Net Lease Investment Opportunity Located at 1401 Highway 14 in Millbrook, Alabama.
- ~9 Years Remaining on a Double Net (NN) Lease With Four (4) Five (5) Year Options Periods
- Landlord is Responsible For Roof and Structure (Structure Only; Includes Long Term Roof Warranty)
- 10% Rent Increases Every 5 Years During Initial Term
- 9.19% Cash-on-Cash Return
- Property Sits Directly Across the Street From a Walmart Supercenter
- Located at the Entrance of a Proposed New Development, Millbrook Crossings, Which Features 250,000 SF of Retail, Town Homes and Multi-Family Living
- Located 9-Miles From Montgomery, Which is the State Capital of Alabama
- MainStreet Family Care Operates Over 17 Clinics Across Alabama
- Stable Regional Tenant Undergoing Rapid Growth
- Excellent Visibility From Highway 14 Which Sees Over 28,600 Vehicles Per Day
- Limited Competition in the Trade Area
- Easy Access – Multiple Points of Entry
- Strong Demographics – Average Household Income of $71,823 Within a 5-Mile Radius
- Nearby Tenants Include: YMCA, Walmart Supercenter, Zaxby’s, Dollar Tree, Wendy’s and More
In Cooperation with BoR: Andrew Ackerman – Lic. #C0001099750
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