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3100 Day Street - Family Dollar, Montgomery, AL

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3100 Day Street - Family Dollar

Montgomery, AL 36108-2122 - South Montgomery Submarket

(1.4 MB)

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2016
Building Size:8,320 SF Land Area:.98 AC (42,689 SF)
For Sale Price:$1,653,000 Price/SF:$198.68
Cap Rate:6.25 %

Sale Notes:
Bull Realty is pleased to offer this new construction NNN leased Family Dollar, located in Montgomery, AL, the state capital. The store, which opened in April 2016, features a 15 year NNN lease with 6 five year renewal options. It has rent bumps of 10% beginning in the 11th year of the lease term and every 5 years thereafter.

The newly constructed Family Dollar is corporate guaranteed and now part of the Dollar Tree family of companies. It is located in a residential area near Maxwell Air Force Base with a population of over 78,185 within a five mile area.

- Brand new Family Dollar, opened April 2016
- 15 year NNN lease with no landlord responsibilities
- Six 5 year options with 10% rent increases in the 11th year and every 5 years thereafter
- Located in Montgomery, the state capital of Alabama
- Located between Interstate 65 and Maxwell Air Force Base with over 78K population within 5 miles
- Quality built by one of the top Family Dollar preferred developers
- Offered at a 6.25% cap rate

See Marketing Brochure for additional details!

Bull Realty Inc.
Nancy L Miller
(404) 876-1640 x118

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