1009 Gateway Dr - Freestanding FOR SALE


Phenix City, AL 36869
$1,093,414 USD
615-521-6955
1009 Gateway Dr, Phenix City, AL for Sale
$1,093,414 USD
Freestanding - FOR SALE
1/2
null | 7.85% Cap Rate

1009 Gateway Dr
Phenix City, AL 36869


HIGHLIGHTS

  • 2005 built to suit construction for Family Dollar
  • 5-mile population of 75,290 residents
  • 10-mile population of 248,056 residents
  • Tenant has exercised multiple options, showing a long-term commitment to the site

OVERVIEW

Traffic counts in excess of 35,000 VPD. Healthy Rent-to-Sales ratio of 4.78% – contact agent for more details. Phenix City is on the border of Alabama and Georgia. Four, 5-Year options, all of which include attractive rental increases.

FOR SALE DETAILS

PRICE

$1,093,414 USD

PRICE/SF

$119 USD /SF

CAP RATE

7.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

O

APN/PARCEL ID

05-08-28-04-004-015.000

ASK ABOUT THIS PROPERTY

Hutt CookeMatthews Real Estate Investment ServicesMore Info
615-521-6955

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Hutt CookeMatthews Real Estate Investment ServicesMore Info
615-521-6955

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.