3949 AL Highway 9 - Storefront Retail/Office FOR SALE


Cedar Bluff, AL 35959
$1,325,353 USD
800-558-5464
3949 AL Highway 9, Cedar Bluff, AL for Sale
$1,325,353 USD
Storefront Retail/Office - FOR SALE
1/4
null | 8.5% Cap Rate

3949 AL Highway 9
Cedar Bluff, AL 35959


HIGHLIGHTS

  • Building Size: 10,500 SF
  • Price: $778,151
  • Cap Rate: 8.5%

OVERVIEW

Family Dollar Tree 3949 AL Hwy 9, Cedar Bluff, AL 35959 1) large concrete parking lot with virtually zero maintenance 2) Dollar Tree (NASDAQ; DLTR) is a $26.32B revenue company with an investment grade (S&P: BBB) credit rating ***This Property has common ownership with J.P. King.*** Investment Highlights Financial Summary Price: $778,151 Cap Rate: 8.5% Building Size: 10,500 SF Net Cash Flow: $112,655 Lease Summary Lease Type: Double-Net (NN) Lease Tenant: Family Dollar Guarantor: Family Dollar Stores Roof & Structure: Landlord Responsible Lease Commencement Date: Dec. 1, 2022 Lease Expiration Date: Jan 31, 2033 Lease Term: 10 Years Rental Increases: $.50psf Every 5 Years Beginning in Options Renewal Options: 5, 5 Year Options Right of First Refusal: None

FOR SALE DETAILS

PRICE

$1,325,353 USD

PRICE/SF

$126 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

-

APN/PARCEL ID

10-09-29-4-000-113.003

ASK ABOUT THIS PROPERTY

J.P KingJ.P. King Auction Co.More Info
800-558-5464

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J.P KingJ.P. King Auction Co.More Info
800-558-5464

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