376 Smothers Ave - Freestanding FOR SALE


Eldridge, AL 35554
$1,212,556 USD
317-218-5316
376 Smothers Ave, Eldridge, AL for Sale
$1,212,556 USD
Freestanding - FOR SALE
1/3
null | 7.15% Cap Rate

376 Smothers Ave
Eldridge, AL 35554


HIGHLIGHTS

  • The property is located less than 1 hour from Birmingham, the 3rd most populous city in Alabama.
  • This Dollar General is located just south of Interstate 22 at the intersection of Highway 13 and Highway 118.
  • The property operates under an absolute triple-net with zero landlord responsibilities.
  • This is the only general merchandise/every day needs store in the immediate area.

OVERVIEW

The Klink Group of Marcus & Millichap is pleased to present for sale a Dollar General located in Eldridge, Alabama. The property has approximately 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

$1,212,556 USD

PRICE/SF

$162 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Drug Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

OT

APN/PARCEL ID

07-04-18-0-000-039-0010

ASK ABOUT THIS PROPERTY

Jordan KlinkMarcus & MillichapMore Info
317-218-5316

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Jordan KlinkMarcus & MillichapMore Info
317-218-5316

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