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12 Shelton Beach Rd
Saraland, AL 36571
Walgreens · Retail Property For Sale


Investment Highlights
- Absolute Net Lease - ZERO Landlord Responsibilities
- Excellent Visibility With Three Point of Ingress and Egress | Daily Vehicle Per Day At The Lighted Intersection Of Saraland Blvd
- Strong Reporting Store Sales | Contact Agent For More Details
- 14,828 SF Building Equipped W/ Drive-Thru Situated On 2.02 Acres
- Long Operating History | Leased Since 2004
- Top-Performing Location Nationwide | 91st Percentile via Placer.Ai | Top 96th Percentile In Alabama | 733 Out Of 8,000 Locations Nationwide
Executive Summary
Absolute Net Lease - ZERO Landlord Responsibilities
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,828 SF
Building Class
B
Year Built
2004
Price
$5,431,195 CAD
Price Per SF
$366.28 CAD
Cap Rate
9.48%
NOI
$514,905 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
2.02 AC
Parking
72 Spaces (4.95 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 19-08-33-0-008-032.001 | Improvements Assessment | $526,054 CAD |
| Land Assessment | $81,749 CAD | Total Assessment | $607,803 CAD |
Property Taxes
Parcel Number
19-08-33-0-008-032.001
Land Assessment
$81,749 CAD
Improvements Assessment
$526,054 CAD
Total Assessment
$607,803 CAD
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