Log In/Sign Up
Your email has been sent.
Dollar General 376 Smothers Ave 7,500 SF Retail Building Eldridge, AL 35554 $1,692,631 CAD ($225.68 CAD/SF) 7.15% Cap Rate
INVESTMENT HIGHLIGHTS
- The property is located less than 1 hour from Birmingham, the 3rd most populous city in Alabama.
- The property operates under an absolute triple-net with zero landlord responsibilities.
- This Dollar General is located just south of Interstate 22 at the intersection of Highway 13 and Highway 118.
- This is the only general merchandise/every day needs store in the immediate area.
EXECUTIVE SUMMARY
The Klink Group of Marcus & Millichap is pleased to present for sale a Dollar General located in Eldridge, Alabama. The property has approximately 9 years remaining on the base lease term, with five, five-year option periods remaining each of which have 10% rental increases. The property operates under an absolute triple-net lease with no landlord responsibilities.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,500 SF
Building Class
C
Year Built
2019
Price
$1,692,631 CAD
Price Per SF
$225.68 CAD
Cap Rate
7.15%
NOI
$121,023 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.00 AC
Zoning
OT
PROPERTY TAXES
| Parcel Number | 07-04-18-0-000-039-0010 | Improvements Assessment | $184,615 CAD |
| Land Assessment | $5,785 CAD | Total Assessment | $190,400 CAD |
PROPERTY TAXES
Parcel Number
07-04-18-0-000-039-0010
Land Assessment
$5,785 CAD
Improvements Assessment
$184,615 CAD
Total Assessment
$190,400 CAD
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Dollar General | 376 Smothers Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.