1641 Beltline Rd SW - Freestanding FOR SALE
Decatur, AL 35601 |
$6,345,036 USD
256-251-2667
1641 Beltline Rd SW
Decatur, AL 35601
HIGHLIGHTS
- Long-Term Commitment: Lowe’s has operated here since 1990, with over three decades of proven performance and commitment to this site.
- Large Building & Parcel: Substantial real estate footprint with a large-format store and parcel size
- National Corporate Credit Tenant: Lowe’s (S&P: BBB+ Stable) is one of the largest and most recognizable home improvement retailers in the U.S.
- Rare Opportunity – Below-Market Rents in a Thriving Market: This Lowe’s has operated at the site for over 30 years
- Strong Rent Growth & Built-In Upside: Tenant is in its 2nd of six (6) option periods.
- Explosive Regional Growth: Decatur benefits from Huntsville’s rapid expansion.
FOR SALE DETAILS
PRICE
$6,345,036 USD
PRICE/SF
$51 USD /SF
CAP RATE
4.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Lowe's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
15.79 AC
LAND SF
687,812 SF
ZONING
-
APN/PARCEL ID
02-07-36-2-002-013.000
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256-251-2667
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256-251-2667
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