1860 Old Highway 84 - Storefront FOR SALE
Ashford, AL 36312 |
$2,000,000 USD
770-728-8407
1860 Old Highway 84
Ashford, AL 36312
HIGHLIGHTS
- Very High Yields Upon Stabilization – 10.80% Cap Rate in Year 3 and 11.17% Cap Rate in Year 4.
- Limited Competition – Single digit square feet per capita in a 3 & 5-mile radius and no other climate-controlled units within a 5-mile trade radius
- Currently no advertising nor online presence, as the facility currently does not have Google tag. This presents opportunity to immediately modernize
- Opportunity to increase income by offering tenant insurance to renters as well as leasing the vacant retail suite to a local/national business.
FOR SALE DETAILS
PRICE
$2,000,000 USD
PRICE/SF
$120 USD /SF
CAP RATE
3.96%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1975
SPRINKLERS
-
PARKING SPACES
163
LAND DETAILS
LAND ACRES
3.2 AC
LAND SF
139,392 SF
ZONING
None
APN/PARCEL ID
11-08-33-4-007-001-001
ASK ABOUT THIS PROPERTY
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770-728-8407
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770-728-8407
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