6653 AL-168 - Retail FOR SALE


Boaz, AL 35957
$2,042,844 USD
256-520-5000
6653 AL-168, Boaz, AL for Sale
$2,042,844 USD
Retail - FOR SALE
1/1

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 to bring to market this brand new free standing Dollar General store. This store has the brand new corporate guarantee 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 a 9,100 square foot building. The yearly rental income is $137,892. 6.75% CAP with a $2,042,844 Sales Price. I have other properties as well that are not "on the market". Contact me today for more information!

FOR SALE DETAILS

PRICE

$2,042,844 USD

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

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.