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 1. For Sale
 2. Retail
 3. AL
 4. Huntsville
 5. Former Arby's with Drive-Thru in Huntsville, AL
    


Street View
Gallery 5
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FORMER ARBY'S WITH DRIVE-THRU IN HUNTSVILLE, AL

Retail | 1,972 SF
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Request Info


LISTING CONTACTS

 * Jordan Gorjian Pro
   License: US
   Phone Number:  Sign Up  or  Log In  to see phone number
   View my profile
   


ACTIVE

Asking Price:Unpriced

Deal terms are not currently defined. Request your own specific terms when
submitting a non-binding offer.

Learn more


SCHEDULE A TOUR

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Address 


2415 MEMORIAL PKWY NW, HUNTSVILLE, AL 35810

Show on Map
Date Added
Aug 11, 2023
Days on Market
18 days
Time Since Last Update
18 days


DETAILS

Property TypeRetail
SubtypeQSR/Fast Food, Restaurant, Storefront
Investment TypeValue Add
TenancyVacant
Square Footage1,972
OccupancyVacant
Year Built1965
Buildings1
Stories1
ZoningCommercial
Lot Size (acres)0.5


MARKETING DESCRIPTION

Former Arby's Retail Property for Sale in Huntsville, AL! Looking for a prime
retail opportunity in Huntsville, AL? Look no further! Presenting the Former
Arby's located at 2413 Memorial Parkway. This highly visible property offers a
lot size of 0.5 acres, with a spacious building size of 1,972 SF. Equipped with
a drive-thru possibility, this property presents endless potential for various
retail concepts. Imagine the convenience and accessibility for customers to grab
a quick bite or browse your retail offerings. Surrounded by a diverse range of
established retailers including Wells Fargo Bank, Pizza Hut, Kroger Pharmacy,
and more, this location ensures a steady flow of foot traffic and maximum
exposure for your business. The demographics are equally impressive. Within a
5-mile radius, you have a population of over 115,000 and a median household
income of $70,481. These figures indicate a thriving market with ample
opportunities for success. Don't miss out on this incredible retail property
offering. Contact us now to schedule a viewing and explore the endless
possibilities that the Former Arby's in Huntsville, AL can bring to your
business.


INVESTMENT HIGHLIGHTS

 * Former Arby's on 0.5 acres

 * Pylon sign available

 * Includes drive-thru

 * Great visibility

 * Easy access


VALUATION CALCULATOR

Purchase Price
Net Operating Income
Down Payment




Interest Rate
Term (years)
Loan Amount

$--
Annual Debt Service

$--
$-- /mo
Annual Cash Flow

$--
$-- /mo

VALUATION METRICS


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--
DSCR

--
Cap Rate

--
ROI



SIMILAR PROPERTIESSEE MORE

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DEMOGRAPHIC INSIGHTS


INTELLIGENCE
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1 mile

3 miles

5 miles



Household Income
Median Income
$
Estimate
0%
Growth Rate


Age Demographics
Median Age
Estimate
0%
Growth Rate


Number of Employees
Top Employment Categories


Housing Occupancy Ratio


Renter to Homeowner Ratio



LOCATION INSIGHTS




CLIMATE FACTORS


Flood Risk

Fire Risk



Flood Risk
X (unshaded)
FEMA Flood Zone

2415 MEMORIAL PKWY NW

This property has a minimal Flood Factor™.
Get full risk report at RiskFactor.com.
0%

0y
0%

5y
0%

10y
0%

15y
0%

20y
0%

25y
0%

30y
Within the next 30 years, this property has a 0% chance of any flood water
reaching the building at least once.
Climate risk data is provided by Risk Factor™, a product of First Street
Foundation®. The Risk Factor models are designed to approximate risk and not
intended to include all possible scenarios.
Flood Risk ⓘ


--------------------------------------------------------------------------------

Depth of Flood Water (ft.)
Based on a 1% chance that any flooding will occur this year.
 * Less than 0.5 ft
 * 0-1 ft
 * 1-2 ft
 * 2-3 ft
 * More than 3 ft
   


Broker Information
Broker Name
Jordan Gorjian
Broker License
US
Brokerage Name
Gorjian Acquistions
Brokeage Address
60 Cuttermill Road, Great Neck, United States 11021
*All information is deemed reliable but not guaranteed. Buyer to verify all
information.
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The Loan Amount is your Purchase Price minus the Down Payment.
Debt Service is the cash required to pay back the principal and interest of
outstanding debt for a particular period of time.
Your Cash Flow is the Net Operating Income (NOI) minus the Debt Service.
Debt Service Coverage Ratio (DSCR) is a measure of the cash flow available to
pay current debt obligations. It is calculated by dividing the Annual Debt
Service from the NOI
Capitalization Rate (Cap Rate) is calculated by dividing a property's Net
Operating Income by the current market value or your anticipated Purchase Price.
Your Return on Investment or cash-on-cash return measures the amount of cash
flow relative to the amount of cash invested in a property investment and is
calculated by dividing the Down Payment from the Annual Cash Flow
Provided by Risk Factor