Pounders & Associates, Inc. - Commercial Real Estate

COMMERCIAL & RETAIL


Area	Address	Picture	Building Size	Lot Size	List Price	Comments
Bloomington, IN	2020 South Walnut St.	Picture	1536	2.8 Acres	$1808219	Sale, Lease-back of operating Sonic Restaurant. Owner/operator will sign a new 20 yr, NNN lease at closing. Lease will provide for 5% increases in rental rate every 5 years. Personally guaranteed b
French Lick, IN	679 S. State Road 145	Picture	2624	1.54 Acres	$887671	Sale, Lease-back of operating Sonic Restaurant. Owner/operator will sign a new 20 yr, NNN lease at closing. Lease will provide for 5% increases in rental rate every 5 years. Personally guaranteed b
Tell City, IN	625 Highway 66	Picture	2624	.77 Acres	$1150685	Sale, lease-back of operating Sonic Restaurant. 7.3% cap rate
Muscle Shoals	204 W. Avalon Ave	Picture	3281	.85 acres	$500000	Former Regions Bank Branch
Florence	Cox Creek Parkway	Picture	n/a	10.05 acres	$595000	REar zoned R-3 Front 2 acres R-B
Florence	873 Cox Creek Parkway	Picture	4310	120 x 375 irr	$425000	Former Armed Forces recruitment office. Can lease small units, $12. 00 nnn
Muscle Shoals	2071 Avalon Avenue	Picture	2200	185 x 275	$1150000	Previous use as Back Yard Burger. High traffice localion.
Florence	2112 Helton Drive	Picture	800 sf	120 x 165	$225000	Prior use as Pharmacy
Muscle Shoals	Woodward Ave Shoals Mkt Place	Picture	n/a	.40 - 1.5 acres	$Various	Out Parcels of Shoals Market Place.
Muscle Shoals	101 Industrial Drive	Picture	10,000 s.f.	1 acre	$400,000	Will lease for $3,500 per month NNN

INCOME PRODUCING


Area	Address	Picture	Building Size	Lot Size	List Price	Comments
Florence, Kentucky	9915 Berberich Drive	Picture	1,262 SF	220 x 180	$1800000	Sonic building rental 20 years 7% cap rate.
Florence	241 Beman Dr	Picture	5400	214 x 191 irregular	$750000	Long therm lease to Pittsburg Paints. 7% cap rate
Hazel Green, AL	14171 US Highway 231/431	Picture	1,526 s.f.	126 x 558	$1,465,000.00	Sonic Drive-In. New 20 year NNN lease.
Ardmore, TN	26909 Main Street	Picture	1,482 s.f.	228 x 153	$1,230,000.00	Sonic Drive-In. New 20 year NNN lease.
Rainsville, AL	208 Main Street	Picture	1,718 s.f.	140 x 240	$1,480,000	Sonic Drive-In. New 20 year NNN lease.
FLORENCE	401 VETRANS DR.	Picture	4,650 s.f.	166 X 116	$200,000	Leased to Church/Day care. $18,000 annual lease.
Florence	3499 N. Wood Ave	Picture		180 x 200	$325,000	4-plex and duplex
Florence	2816 N. Wood Ave	Picture		250 x 300	$425,000	4-plex, 1 house
Florence	610 S. Court St		2,500 s.f.		$150,000	Currently leased

LAND


Area	Address	Picture	Building Size	Lot Size	List Price	Comments
Florence	Cobblestone South	Picture	0	197 x 100	$140000	Commercial lot behind Logan's
Florence	Huntsville Road		0	142 x 950 irregular	$100000	LOt next to utilities substation.
Florence	Huntsville Road	Picture	0	57 x 110	$15000	Residential lot on Huntsville Road. Structure of no value.
Florence	Cobblestone North Lot 3	Picture	0	1.698 Acres	$700000	Vacant lot on Florence Blvd. beside Sonic Restaurant
Florence	Cobblestone North Lot 4	Picture	0	1.695 Acres	$500000	Commercial lot near WalMart and Florence Blvd.
Tuscumbia	Highway 72	Picture		.90 acre	$325000	Level lot on South side of 72 next to Key West Inn.
Tuscumbia	Highway 72 West	Picture		3.01 Acres	$$2.90 / sf	Prime location, East of Coldwater Inn.
Tuscumbia	Highway 72 West	Picture		3.91 Acres	$$2.90/ sf	Prime location with outstanding visibility. 251 ft of Hwy 72 frontage.
Madison	Royal Drive	Picture	N/A	8.16 acres	$600,000	Zoned R-4 Multifamily
Florence	Cox Creek Parkway	Picture	N/A	2.76 Acres	$1,408,294.80	Vacant lot across from Regency Square Mall
Muscle Shoals	Woodward Ave	Picture	N/A	2.14 Acres	$298,000	Next to Fairgrounds. Retail only.
Muscle Shoals	Wilson Dam Highway (133)		N/A	100 x 285	$100,000	Next to Fred's
Muscle Shoals	Wilson Dam Highway (133)		N/A	76 x 285	$99,750	Next to Fred's
Florence	815 E. Tennessee Street	Picture	N/A	175 x 125	$79,900
Florence	Sweetwater Ave		N/A	1.19 Acre	$80,000	Next to Thomason Office Equip.
Muscle Shoals	Sportsplex Drive	Picture	N/A	9 Acres	$495,000
Florence	Cox Creek Parkway	Picture	N/A	2.74 Acres	$1,442,700	Next to SunTrust Bank and Best Buy
Florence	Sweetwater Avenue @ Hyw 72	Picture	N/A	2.59 Acres	$310,000

DISCLAIMER: "All information furnished with respect to the subject matter has been obtained from sources deemed reliable. No representation to warranty as to the accuracy thereof is made and such information is submitted subject to change in price, omissions, errors, prior sales, or withdrawal notice."


Area	Address	Picture	Building Size	Lot Size	List Price	Comments
Florence	216 - E S. Marengo St		1446	200x250	$1500	Former Dr. Can combine with unit D
Florence	216-E S. Marengo Street		1446	200/250	$125000	Dr's office. Can combine with Unit D. 1 Block from ECM.


Area	Address	Picture	Building Size	Lot Size	List Price	Comments
Florence	615 Thompson St.	Picture	15000	101x357 irr.	$349000	2000 SF Office. Most of whse is heated and cooled.
Florence	4129 Helton Drive	Picture	11,672 sf	1.16 Acre	$175,000	Heated & Cooled. Previously used as sewing operation.