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5705 Highway 278 - Fred's Pharmacy, Sulligent, AL

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5705 Highway 278 - Fred's Pharmacy

Sulligent, AL 35586

Property Type:Retail Sub Type:- Status:Existing Year Built:2013
Building Size:8,763 SF Land Area:.69 AC (30,056 SF)
For Sale Price:$1,195,000 Price/SF:$136.37
Cap Rate:8.25 %

Sale Notes:
Fred' s Inc. (NASDAQ: FRED) is the #4 retail drugstore chain in the country. The company operates approximately 628 stores throughout 15 states in the southeastern United States. 2016 revenue for Fred' s was $2.1BN according to the company' s annual report. Fred' s also owns and operates one additional retail chain, Getwell Drug & Dollar. Getwell Drug & Dollar is a convenient pharmacy destination, with 5 locations across Alabama, Tennessee, Mississippi, and Kentucky that offer an expanded over-the-counter medication selection, individualized patient care, and more than 1,700 $1 items.

Fred's Stores of Tennessee, Inc. is the tenant on the lease.

Berkeley Capital Advisors, LLC
Ransome Foose
(704) 379-1980 x105

Steve Horvath
(704) 379-1981

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