First Watch 2301 Cobbs Ford Rd Local commercial 609 m² À vendre Prattville, AL 36066 3 450 918 € (5 662,40 €/m²) Taux de capitalisation 5,50 %

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire a First Watch located at 2301 Cobbs Ford Road in Prattville, Alabama (the “Property”). The free-standing single tenant First Watch consists of a 6,560 square foot building on a 1.75-acre parcel. First Watch has a new 10-year Absolute NNN Lease with three (3), five-year renewal options. The lease calls for attractive 10% rent increases every 5-years throughout the primary lease term and at the start of each renewal option. First Watch is currently under construction with an anticipated rent commencement date of August 11, 2025. First Watch is extremely well located at the signalized intersection of Cobbs Ford Road, the region’s primary commercial corridor, and US Highway 82, a primary commuter corridor. The Property enjoys outstanding visibility, frontage and access and is part of a dominant trade area that is home to countless national retailers and restaurants, Prattville Baptist Hospital, and major roadways including US Route 31 and Interstate 65, all of which drive traffic to the area. Additionally, the Property is within minutes of several area schools, multiple nationally branded hotel/motels, and is surrounded by residential neighborhoods providing a built-in customer base.