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1821 Beltline Road SW, Decatur, AL

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1821 Beltline Road SW

Decatur, AL 35601-5506

Property Type:Retail Sub Type:- Status:Existing Year Built:-
Building Size:8,000 SF Land Area:.94 AC (41,038 SF)
For Sale Price:$4,263,156 Price/SF:$532.89
Cap Rate:6.75 %

Sale Notes:
Stan Johnson Company is pleased to present to qualified investors the opportunity to acquire a three-tenant center leased to Aspen Dental, ATI Physical Therapy and Chicken Salad Chick in Decatur, Alabama.

Leased to a handful of national and regional tenants, the strong tenant mix and long lease terms provide the investor with a stable investment. Aspen Dental and ATI have executed brand new 10-year leases with options for renewal. Chicken Salad Chick has executed a 7-year lease with options for renewal.

Decatur is the largest city and county seat of Morgan County in Alabama. The city, affectionately known as "The River City," is located in Northern Alabama on the banks of Wheeler Lake, along the Tennessee River. The population in the 2010 census was 55,683.

Tourism is a major part of Decatur's economy. Hundreds of thousands of people from in and out of town, and from many other countries and territories, attend some of the premier festivals in the South. One of the largest is the Alabama Jubilee, a hot air balloon race, which brings over 100,000 people. The Spirit of America Festival is one of the largest free 4th of July festivals in the South, bringing over 65,000 visitors.

Stan Johnson Company
Ryan Butler
(918) 494-2690

Brad Moulder
(918) 494-2690

Anne M Perrault
(918) 494-2690 x538

Adrian Reents
(918) 494-2690 x123

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