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Old Time Pottery
Under Contract

Old Time Pottery

3001 Highway 31
Pelham, Alabama


price: $3,878,550

gla: 91,260 SF

cap: 10%

lot: 7.20 Acres

built: 1982

noi: $387,855

  • Tenant is Operating Under a Double-Net Lease | Minimal Landlord Responsibility
  • Tenant Recently Exercised Five-Year Option | Exercised Second Option
  • 15 Years of Operating History
  • Replaceable Rents at $4.25 per Square Foot
  • Recent Upgrades to Property Include Parking Lot and HVAC System
  • Tenant Located in 11 States with 43 Locations
  • Located on Heavily Traveled Highway 31 | 30,400 Vehicles per Day
  • High Visibility | 900 Feet of Frontage
  • 1.5 Miles From Interstate 65 | 98,000 Plus Vehicles per Day
  • Notable Local Retailers Include The Home Depot, Harbor Freight Tools, Dollar General, Waffle House, Burger King and O’Reilly Auto Parts
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Steven Krueger
Associate

Tel: (630) 570-2186
Steven.Krueger@marcusmillichap.com
 
* Broker of Record: Eddie Greenhaigh