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    3429 Mcfarland Blvd E Tuscaloosa, AL 35405

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $1,346,762

    Net-leased Shrimp Basket; High-traffic location.

    Property size:
    6,112 SF

    Description

    Added:
    Feb 10, 2025
    Days on Market:
    331
    This exceptional investment opportunity presents a 5,132 square foot, net-leased Shrimp Basket restaurant located at 3429 McFarland Blvd E, Tuscaloosa, AL 35405. The property sits on a 0.89-acre lot within a bustling retail and residential area boasting an impressive 41,662 average annual daily traffic count (AADT). This particular Shrimp Basket is one of 18 units within a larger, entirely corporate-owned chain, Artistry Restaurant Group, operating across three Southeastern states. The current lease commenced on August 1, 2016, and extends until July 31, 2030, representing a secure, long-term investment with seven years already completed. The building itself encompasses 6,112 square feet, with the restaurant occupying 5,132 square feet. The property features an outdoor dining patio, a standard requirement for all Shrimp Basket locations. This offering presents a compelling opportunity for investors seeking a stable, net-leased investment in a high-traffic, established retail corridor. The property is priced at $1,346,762. The investment type is classified as Investment NNN.

    Property Features for 3429 Mcfarland Blvd E

    General Information

    Property type
    Restaurants
    Square Feet
    6,112 SF
    Price / Square Foot
    $220
    Elevators
    N/A
    Net Rentable
    5,132 SF
    Lot Size
    38,836 SF

    Building Details

    Year Built
    1973
    Buildings
    1
    Stories
    1

    HighLights

    • 5,132 sq ft net‑leased restaurant in high‑traffic area (41,662 AADT).
    • Seven years remaining on a 14‑year lease, providing long‑term stability.
    • Part of an 18‑unit, corporately‑owned seafood chain in a prime retail location.
    Location Intelligence

    Current Use by Public Records

    Shrimp Basket Seafood Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tuscaloosa
    State
    Alabama
    Longitude
    -87.523861
    Latitude
    33.177209

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    FAQs

    What type of property is this?
    Restaurant - Net-leased Shrimp Basket; High-traffic location.
    Where is this restaurant located?
    The property is located at 3429 Mcfarland Blvd E Tuscaloosa, AL.
    What is the asking price?
    The asking price for this property is $1,346,762.
    What are key features of this property?
    This property features: 5,132 sq ft net-leased restaurant in high-traffic area (41,662 AADT).; Seven years remaining on a 14-year lease, providing long-term stability.; Part of an 18-unit, corporately-owned seafood chain in a prime retail location.
    (850) 564-0120
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    3429 Mcfarland Blvd E Tuscaloosa, AL 35405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3429 Mcfarland Blvd E Tuscaloosa, AL 35405
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