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1821 Beltline Road SW, Decatur, AL

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DetailMap
1821 Beltline Road SW

Decatur, AL 35601-5506


Property Type:Retail Sub Type:- Status:Existing Year Built:1987
Building Size:9,672 SF Land Area:.94 AC (41,038 SF)
For Sale Price:$1,965,384 Price/SF:$203.20
Cap Rate:6.50 %



Sale Notes:
Stan Johnson Company is pleased to present to qualified investors the opportunity to acquire 100% fee simple interest in the Aspen Dental (the Property ) located in Decatur, AL.

This corporately-backed Aspen Dental occupies a 3,500 SF building on an approximately 0.38-acre outpad to the Decatur Mall. The Property has an initial 10 year lease term with 10% rent increases every 5 years. There are three (3), five-year option periods. The NN lease structure requires the Tenant to pay for the real estate taxes, insurance and utilities. The Landlord is responsible for the roof and structure.

The Property is located at a signalized entrance to the Decatur Mall in the community' s primary retail trade area. Anchored by the intersection of Carridale Street SW and Beltline Road (34,578 VPD), this busy corridor includes McDonald's, Chick-fil-A, Lowe' s, Walgreens, Publix and Sonic, among others. Home to numerous national, credit-worthy tenants, the Decatur Mall recently added several new tenants on long term leases including Bed Bath & Beyond, Electronic Express and a 12-screen Carmike Theatre with a BigD offering.

Stan Johnson Company
Ryan Butler
(918) 494-2690

Brad Moulder
(918) 494-2690

Anne M Perrault
(918) 494-2690




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