5046 Rainbow Dr - Retail FOR SALE
Rainbow City, AL 35906 |
$1,576,175 USD
214-692-2289
5046 Rainbow Dr
Rainbow City, AL 35906
HIGHLIGHTS
- ±13-Years remaining on a 15-year Abs NNN lease
- Dollar General modified the existing lease to include 5% increases every 5-years
- Larger 10,566 SF Dollar General PLUS prototype
- Strong corporately guaranteed lease from Dollar General Corporation
- Rainbow City is located 5-miles south of Gadsden AL
- 10-Mile population of ±45,046 residents
FOR SALE DETAILS
PRICE
$1,576,175 USD
PRICE/SF
$149 USD /SF
CAP RATE
6.85%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
7.08 AC
LAND SF
308,405 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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214-692-2289
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214-692-2289
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