Retail Space /AL /Cullman County /Cullman /247 Wesley Ave N
Retail Space /AL /Cullman County /Cullman /247 Wesley Ave N

247 Wesley Ave N - Retail FOR SALE


Cullman, AL 35058 | 
$1,542,188 USD
615-521-6955
247 Wesley Ave N, Cullman, AL for Sale
$1,542,188 USD
Retail - FOR SALE
1/3
null | 8% Cap Rate
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247 Wesley Ave N
Cullman, AL 35058

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HIGHLIGHTS

  • 2023 build to suit Family Dollar
  • ±8.5 years remaining on an initial 10-year lease
  • Corporately guaranteed lease
  • Rent increases of $5,250 ($0.50 / SF) in all five, 5-year options
  • The subject property comes with a 20-year roof warranty

OVERVIEW

BROKER OF RECORD HUTT COOKE LIC # 000168807-0 (AL) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,542,188 USD

PRICE/SF

$1 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

11-04-18-0-001-033.001

ASK ABOUT THIS PROPERTY

Hutt CookeMatthews Real Estate Investment ServicesMore Info
615-521-6955

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Hutt CookeMatthews Real Estate Investment ServicesMore Info
615-521-6955

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