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Family Dollar 247 Wesley Ave N 10,500 SF Retail Building Cullman, AL 35058 $2,166,096 CAD ($206.29 CAD/SF) 8% Cap Rate
Investment Highlights
- 2023 build to suit Family Dollar
- Corporately guaranteed lease
- The subject property comes with a 20-year roof warranty
- ±8.5 years remaining on an initial 10-year lease
- Rent increases of $5,250 ($0.50 / SF) in all five, 5-year options
Executive Summary
Hutt Cooke
License # 000110253 - 0, 000168807-0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # 000110253 - 0, 000168807-0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,500 SF
Building Class
B
Year Built
2023
Price
$2,166,096 CAD
Price Per SF
$206.29 CAD
Cap Rate
8%
NOI
$173,288 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.29 AC
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 11-04-18-0-001-034.001 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $274,816 CAD |
Property Taxes
Parcel Number
11-04-18-0-001-034.001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$274,816 CAD
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Family Dollar | 247 Wesley Ave N
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