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3116 Stillman Boulevard - Dollar General, Tuscaloosa, AL

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3116 Stillman Boulevard - Dollar General

Tuscaloosa, AL 35401 - Tuscaloosa Submarket


Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2003
Building Size:9,100 SF Land Area:.74 AC (32,056 SF)
For Sale Price:$711,127 Price/SF:$78.15
Cap Rate:8.25 %



Sale Notes:
Now Available - Dollar General in Tuscaloosa, AL. Presented by Andrew Gross for Matthews Real Estate Investment Services.
In addition to being home to the University of Alabama, Tuscaloosa is the regional center of industry, commerce, healthcare and education for the West Alabama region. It is the principal city of the Tuscaloosa Metropolitan Statistical Area, which includes Tuscaloosa, Hale and Pickens counties. Built on a history of progress and growth, Tuscaloosa sits along the Black Warrior River providing numerous restaurants, activities, museums and parks. Visitors and residents can enjoy the
city' s refreshing atmosphere, historic features and bustling nightlife.

Tuscaloosa' s economy is bolstered by higher education along with diverse sectors of manufacturing and service. An approximate twenty-five percent of the labor force is employed by the federal, state and local government agencies. Manufacturing companies with a presence in the city are BF Goodrich Tire Manufacturing, GAF Materials Corporation, Hunt Refining Company and most importantly, the Mercedes-Benz U.S. International assembly plant.

This market witnessed substantial growth of almost 22.2% over the past five years; Significant growth is projected to continue
Dense population of nearly 9,500 residents within a 1-mile radius and over 60,740 residents within a 3-mile radius
Tuscaloosa is one of the largest cities in Alabama and a major, regional hub for commercial, educational and medical industries
The University of Alabama, one of the largest and most recognizable schools in the country, is located in Tuscaloosa, AL
With its NN+ lease structure, this offering presents an investor with a very stable, passive income and absolute minimal landlord responsibility
Dollar General provides an additional $247.50 per month for their Parking Area Contribution

Matthews Real Estate Investment Services
Andrew Gross
(310) 955-1773




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