Listing Agency: Ole Heritage Realty, Inc. t***@oleheritage.com Show Phone

Listed By: Tina Burt · License #50532 Show Phone

Added: Aug 4 Changed: Aug 19 Last Checked: Sep 1 at 10:06AM

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MLS# 21904625

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Investment Insights

Based on property information with market context.

Located at 904 Gault Avenue in Fort Payne, this 2,856-square-foot commercial property was previously used for a restaurant business. The asset is classified as conventional restaurant space and is available for lease.

Key Highlights

• 2,856 square feet of commercial space
• Previously operated as a restaurant business
• Located at 904 Gault Avenue, Fort Payne, AL 35967

Property Analytics

Property Profile

Current Use

Las Palmas Restaurant

Suggested Use

Top Pick Building Supply Skin Care Clinic Storage Facility (Bike/Boat/Book/etc) Store Bakery Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$1.26 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

484

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 35967, AL

17,233

Population

7,825

Households

2.2

Avg Household Size

37

Median Age

16%

College-Educated

81%

High-School Grad

127.0 sq mi

ZIP Area

136

Density / Sq Mi

$48,125

Median Household Income

$32,051

Median Earnings

$678

Median Rent

$155,700

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - The space has a prior restaurant operating history in Fort Payne.

Where is this conventional restaurant located?

The property is located at 904 Gault Avenue Fort Payne, AL.

What is the lease rate?

The lease rate is $2,000/Mo.

What are key features of this property?

This property features: 2,856 square feet of commercial space; Previously operated as a restaurant business; Located at 904 Gault Avenue, Fort Payne, AL 35967