1525 Skyland Blvd E - Freestanding FOR SALE


Tuscaloosa, AL 35405- Skyland-McFarland
$1,665,000 USD
202-286-1542
1525 Skyland Blvd E, Tuscaloosa, AL for Sale
$1,665,000 USD
Freestanding - FOR SALE
1/8
null | 6.5% Cap Rate

1525 Skyland Blvd E
Tuscaloosa, AL 35405
Skyland-McFarland


OVERVIEW

- Dollar Tree recently converted this location from Family Dollar, and signed a new 10- year lease extension with five (5-yr) options to extend - Since the conversion, this store ranks in the 95th percentile nationwide, and 98th percentile in the state of Alabama (per placer.ai) - $0.50/SF increases at the beginning of each option - Outparcel to a Walmart Supercenter and a Sam’s Club - Located at the signalized, hard corner intersection of Skyland E Blvd which averages 31,100 VPD - Located in a dense retail corridor, with numerous nearby national/credit tenants including McDonald’s, Taco Bell, Burger King, Advance Auto Parts, Dunkin’, Popeye’s, and many more - Nearby direct on/off ramp access to Interstate 20 & 59, a major thoroughfare that averages 55,400 vehicles passing by daily - More than 122,000 residents and 58,000 employees support the trade area - 5 miles from The University of Alabama (40,000 students enrolled)

FOR SALE DETAILS

PRICE

$1,665,000 USD

PRICE/SF

$185 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree - Tuscaloosa, AL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

BN

APN/PARCEL ID

37-03-06-2-001-001.005

ASK ABOUT THIS PROPERTY

Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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