602 N Walnut Ave - Freestanding FOR SALE
Demopolis, AL 36732 |
$1,687,151 USD
214-692-2289
602 N Walnut Ave
Demopolis, AL 36732
HIGHLIGHTS
- 2023 build-to-suit construction for Dollar General
- 15-Year Absolute NNN lease (rent commencement of May 2023)
- Ranks in the top 25% of all Dollar General stores (Placer.ai)
- 5% rental increases every 5-years for the life of the lease
- Larger Dollar General PLUS prototype (10,542 SF building)
- Zero landlord management responsibilities
FOR SALE DETAILS
PRICE
$1,687,151 USD
PRICE/SF
$160 USD /SF
CAP RATE
6.6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.01 AC
LAND SF
43,996 SF
ZONING
-
APN/PARCEL ID
02-06-24-4-005-003-0000
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214-692-2289
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214-692-2289
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