1367 Martin Luther King Memorial Pky - Retail FOR SALE


Marion, AL 36756
$1,908,592 USD
214-692-2289
1367 Martin Luther King Memorial Pky, Marion, AL for Sale
$1,908,592 USD
Retail - FOR SALE
1/3
null | 6.6% Cap Rate

1367 Martin Luther King Memorial Pky
Marion, AL 36756


HIGHLIGHTS

  • 2023 build-to-suit construction for Dollar General
  • 15-Year absolute NNN lease (commencement of October 2024)
  • 5% rental increases every 5-years for the life of the lease
  • Dollar General MARKET stores are DG’s grocery store concept with an expanded section for consumables
  • Larger Dollar General MARKET prototype (12,733 SF building)
  • Zero landlord management responsibilities

OVERVIEW

Hutt Cooke License No. 000110253 - 0 (AL) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,908,592 USD

PRICE/SF

$181 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DOLLAR GENERAL

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

14-03-08-0-000-010.0000

ASK ABOUT THIS PROPERTY

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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