6653 AL-168 - Freestanding FOR SALE


Boaz, AL 35957
$2,058,090 USD
256-520-5000
6653 AL-168, Boaz, AL for Sale
$2,058,090 USD
Freestanding - FOR SALE
1/1
null | 6.7% Cap Rate

6653 AL-168
Boaz, AL 35957


HIGHLIGHTS

  • Brand new Dollar General store
  • 5% rent increase every 5 years
  • NNN 15 year initial term lease with 5 - 5 year options

OVERVIEW

LHT Commercial Real Estate, LLC is pleased bring to market this brand new free standing Dollar General store. This store has a brand new guaranteed NNN Dollar General lease that has a 5% rent increase every 5 years. This lease has a 15 year initial term with 5 – 5 year options. Boaz is located in the northern part of Alabama. This store is 9,100 square foot building. The yearly rental income is $137,892. 6.7% CAP with a $2,058,090 Sales Price. I have other properties as well that are not “on the market”. Contact me today for more information.

FOR SALE DETAILS

PRICE

$2,058,090 USD

PRICE/SF

$226 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

32.8 AC

LAND SF

1,428,895 SF

ZONING

-

APN/PARCEL ID

240204-0-000-012000

ASK ABOUT THIS PROPERTY

Jonathan BroadwayLHT Commercial Real EstateMore Info
256-520-5000

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Jonathan BroadwayLHT Commercial Real EstateMore Info
256-520-5000

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