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Property profile & analytics
FOR LEASE
Turn key restaurants

2620 Mcfarland Blvd E Tuscaloosa, AL 35405

7,575 SF 1.4 ac lot Built 1980
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US03-0655741
2620 Mcfarland Blvd E, Tuscaloosa, AL 35405 For Lease
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2620 Mcfarland Blvd E, Tuscaloosa, AL 35405
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Property summary
AI-generated overview

This 7,508-square-foot freestanding restaurant building sits on a 1.49-acre outparcel in Tuscaloosa, Alabama. Located on McFarland Boulevard E, a major retail thoroughfare, this property offers excellent visibility and accessibility. The building is a second-generation restaurant space, presenting a unique opportunity for lease, ground lease, or division into two parcels to accommodate various tenant needs. Its prime location offers proximity to The University of Alabama, boasting approximately 39,623 students and representing the area's largest employer. The property is part of McFarland Plaza, a successful shopping center anchored by national retailers such as T.J. Maxx, HomeGoods, Ross Dress for Less, Michaels, Party Wow, Cato, Dollar General, Jersey Mike's, Slim Chickens, and Cosmo Prof. This strong retail environment serves a trade area population exceeding 400,000. The property's size and location make it ideal for a variety of restaurant or special purpose uses. The address is 2620 McFarland Blvd E, Tuscaloosa, AL 35405, and the cross street is McFarland Boulevard E.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1980
Construction WOOD
Total area 7,575 SF
Lot 1.4 ac (61,050 SF)
Zoning code BN
APN 31-07-25-4-007-001.002
UPID US03-0655741
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Red Lobster Restaurant
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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by Request
Owner & transaction history
Tuscaloosa Rl Venture LLC · 1 yrs held
Tuscaloosa Rl Venture LLC
since 2024
3 recorded transactions
2024
Price N/A
2016
Price N/A
2014
Price N/A
Zoning & alternative use
BN · Tuscaloosa, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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