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Miscellaneous

Snooze Mattress

1415 Opelika Rd, Auburn, AL 36830

Listing Price: $1,800,000

Cap Rate
8.00%
Tenant Name
Snooze Mattress
Years Remaining On Lease
4.3
Gross SF
8,190
Guarantor
Personal Guarantee
Rentable SF
8,190
Price/Gross SF
$219.78
Lease Type
Absolute Net
Rent Per Square Feet
$15.38

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a Snooze Mattress in Auburn, AL.

Investment Highlights

  • PRIME COLLEGE TOWN LOCATION (AUBURN UNIVERSITY)
  • HIGH VISIBILITY RETAIL CORRIDOR
  • STABLE, PASSIVE INCOME LEASE STRUCTURE
  • ATTRACTIVE IN-PLACE YIELD AT LOW PRICE POINT
  • STRONG DEMOGRAPHICS & MARKET FUNDAMENTALS

Broker of Record

  • Eddie Greenhalgh

    Senior Managing Director Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Miscellaneous

Snooze Mattress

Listing Price: $1,800,000

Cap Rate
8.00%
Tenant Name
Snooze Mattress
Years Remaining On Lease
4.3
Gross SF
8,190
Guarantor
Personal Guarantee
Rentable SF
8,190
Price/Gross SF
$219.78
Lease Type
Absolute Net
Rent Per Square Feet
$15.38

Investment Highlights

  • PRIME COLLEGE TOWN LOCATION (AUBURN UNIVERSITY)
  • HIGH VISIBILITY RETAIL CORRIDOR
  • STABLE, PASSIVE INCOME LEASE STRUCTURE
  • ATTRACTIVE IN-PLACE YIELD AT LOW PRICE POINT
  • STRONG DEMOGRAPHICS & MARKET FUNDAMENTALS

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a Snooze Mattress in Auburn, AL.

Broker of Record

  • Eddie Greenhalgh

    Senior Managing Director Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

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