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Miscellaneous

Beauty and Beyond

6995 Atlanta Hwy, Montgomery, AL 36117

Listing Price: $1,655,172

Cap Rate
7.25%
Tenant Name
Beauty Depot Inc.
Years Remaining On Lease
2.4
Guarantor
Corporate Guarantee
Rentable SF
11,084
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.83

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Beauty and Beyond located at 6995 Atlanta Hwy in Montgomery, AL. The site consists of roughly 11,084 rentable square feet of building space on estimated 1.24-acre parcel of land. This Beauty and Beyond is subject to a 5.25-year absolute triple-net (NNN) lease, which commenced April 1, 2019. The tenant recently exercised their a 5-Year Tenant Renewal Option, showing their commitment to the site. The Tenant will have One (1), Five (5)-Year Option remaining.

Investment Highlights

  • 5-Year Absolute Triple Net (NNN) Lease
  • Approximately 2.5 Years Remaining
  • One (1), Five (5)-Year Tenant Renewal Options

Broker of Record

  • Eddie Greenhalgh

    First Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Miscellaneous

Beauty and Beyond

Listing Price: $1,655,172

Cap Rate
7.25%
Tenant Name
Beauty Depot Inc.
Years Remaining On Lease
2.4
Guarantor
Corporate Guarantee
Rentable SF
11,084
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.83

Investment Highlights

  • 5-Year Absolute Triple Net (NNN) Lease
  • Approximately 2.5 Years Remaining
  • One (1), Five (5)-Year Tenant Renewal Options

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Beauty and Beyond located at 6995 Atlanta Hwy in Montgomery, AL. The site consists of roughly 11,084 rentable square feet of building space on estimated 1.24-acre parcel of land. This Beauty and Beyond is subject to a 5.25-year absolute triple-net (NNN) lease, which commenced April 1, 2019. The tenant recently exercised their a 5-Year Tenant Renewal Option, showing their commitment to the site. The Tenant will have One (1), Five (5)-Year Option remaining.

Broker of Record

  • Eddie Greenhalgh

    First Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

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