5401 Laurendine Rd - Freestanding FOR SALE


Theodore, AL 36582- Outer Tillmans Corner
$1,875,443 USD
214-692-2289
5401 Laurendine Rd, Theodore, AL for Sale
$1,875,443 USD
Freestanding - FOR SALE
1/3
null | 6.75% Cap Rate

5401 Laurendine Rd
Theodore, AL 36582
Outer Tillmans Corner


HIGHLIGHTS

  • ±13.25-Years remaining on a 15-Year Abs NNN lease
  • Dollar General modified the existing lease to include 5% increases every 5-years
  • Ranks in the top 50% of all Dollar General’s nationwide (Placer.Ai)
  • Larger 10,640 SF Dollar General PLUS prototype
  • Strong corporately guaranteed lease from Dollar General Corporation
  • 49,200 Vehicles daily at the intersection of Laurendine Rd & Bellingrath Rd

OVERVIEW

Hutt Cooke License No. 000110253 - 0 (AL) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,875,443 USD

PRICE/SF

$176 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DOLLAR GENERAL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.76 AC

LAND SF

76,806 SF

ZONING

Commercial

APN/PARCEL ID

38-08-27-0-000-009.010

ASK ABOUT THIS PROPERTY

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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