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
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