7248 Hustleville Rd - Supermarket FOR SALE


Albertville, AL 35951
$1,408,996 USD
256-520-5000
7248 Hustleville Rd, Albertville, AL for Sale
$1,408,996 USD
Supermarket - FOR SALE
1/1
null | 6.5% Cap Rate

7248 Hustleville Rd
Albertville, AL 35951


HIGHLIGHTS

  • NNN 15 year initial term lease with 5 - 5 year options
  • 6.5% CAP
  • 10% rent increase at each option period

OVERVIEW

This store in Albertville, AL opened Nov 20, 2022 with a 15 year initial term lease with 5 - 5 year options. There is a 10% rent increase at each option period. The monthly rental income is $7,632.06 with a yearly rental income of $91,584.72 The offering CAP is 6.5% and the Sales Price is $1,408,996. Albertville is located in northeastern part of Alabama in Marshall County. There are around 22,000 people that live in Albertville. Hustleville Road has around 5,000 vehicles per day. Dollar General store # 24230 7248 Hustleville Road Albertville, AL 35951

FOR SALE DETAILS

PRICE

$1,408,996 USD

PRICE/SF

$132 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

-

APN/PARCEL ID

16-02-09-0-000-007.001,160308-0-000-001000

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 Policy.