913 1st St SW - Freestanding FOR SALE
Childersburg, AL 35044 |
913 1st St SW
Childersburg, AL 35044
HIGHLIGHTS
- 44% Increase at Option - In 1.5 years, the tenant has a 44% escalation, which turns a 10% CAP to a 14.26% CAP.
- Commitment to this Location: Family Dollar has operated at this property for 44 years meaning its a staple in the community. Customer loyalty results
- $46/FT - This property is priced below construction cost - an investor couldn’t replace this building for the list price.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Family Dollar
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
10890
STORIES
1
YEAR BUILT
1955
SPRINKLERS
-
PARKING SPACES
45
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
22-04-20-2-010-001.000
