Description
FORMER RUBY TUESDAY LOCATION IS BACK ON THE MARKET....Located on Woodward Ave, a fully established main thoroughfare in Muscle Shoals, Alabama. This 4,800+ sq. ft. building on .66 of an acre and an additional 1.2 acre parking easement, gives a total of 170+ parking spaces. Building is a highly visible outparcel of Southgate Mall which includes Wal-Mart Supercenter and many national/credit restaurant franchises & retail brands and is also in close proximity to hospital/medical facilities, city government buildings, schools and residential areas. Property features large pylon sign, parking/building lights, seating package, walk-in cooler & freezer, ice machine, other various equipment and small wares. All this makes this a turn key opportunity. There is also potential to add outdoor seating and a drive-thru. Long term NNN lease option is available with a low annual rate of $20 per sq. ft. which is a monthly rate of $1.66 per sq. ft.
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0BEDS
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1-2.99 acresACRES
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0BATHS
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21/2 BATHS
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4,863SQFT
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$278$/SQFT
School Information
Description
FORMER RUBY TUESDAY LOCATION IS BACK ON THE MARKET....Located on Woodward Ave, a fully established main thoroughfare in Muscle Shoals, Alabama. This 4,800+ sq. ft. building on .66 of an acre and an additional 1.2 acre parking easement, gives a total of 170+ parking spaces. Building is a highly visible outparcel of Southgate Mall which includes Wal-Mart Supercenter and many national/credit restaurant franchises & retail brands and is also in close proximity to hospital/medical facilities, city government buildings, schools and residential areas. Property features large pylon sign, parking/building lights, seating package, walk-in cooler & freezer, ice machine, other various equipment and small wares. All this makes this a turn key opportunity. There is also potential to add outdoor seating and a drive-thru. Long term NNN lease option is available with a low annual rate of $20 per sq. ft. which is a monthly rate of $1.66 per sq. ft.
© 2021 Shoals Area Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or MarMac Real Estate. Data last updated: 2021-04-19T23:32:27.93.