2620 Mcfarland Blvd E Tuscaloosa, AL 35405
For Lease
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.
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Red Lobster Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BN · Tuscaloosa, ALTuscaloosa. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.