18275 AL Highway 35 - Retail FOR SALE
Scottsboro, AL 35768 |
$1,238,336 USD
317-218-5316
18275 AL Highway 35
Scottsboro, AL 35768
HIGHLIGHTS
- The Property is located less than an hour from Huntsville, which is the most populous city in Alabama.
- The property operates under an absolute triple-net with zero landlord responsibilities.
- This Dollar General is centrally located between Huntsville, Birmingham, Chattanooga and Atlanta, Georgia.
- This Dollar General sits on 2.78 acres.
OVERVIEW
The Klink Group of Marcus & Millichap is pleased to present for sale a Dollar General located in Scottsboro, Alabama. The property has 9+ years remaining on the base lease term, with five, five-year option periods remaining each of which have 10% rental increases. The property operates under an absolute triple-net lease with no landlord responsibilities.
FOR SALE DETAILS
PRICE
$1,238,336 USD
PRICE/SF
$136 USD /SF
CAP RATE
7.15%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.78 AC
LAND SF
121,097 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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317-218-5316
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317-218-5316
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