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Family Dollar 771 Main St 10,500 SF Retail Building Ragland, AL 35131 $1,717,361 CAD ($163.56 CAD/SF) 9.25% Cap Rate
Investment Highlights
- 7.7 Years Remaining
- NNN Lease Structure, 5% Increases Every 5 Years in Options
- Brand New 2023 Construction3949 Alabama Hwy 9, Cedar Bluff, AL
- Brand New 2023 Construction
- True Corporate Guarantee from Family Dollar Stores, Inc (S&P BBB Credit)
- Close proximity to Birmingham
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
10,500 SF
Building Class
B
Year Built
2023
Price
$1,717,361 CAD
Price Per SF
$163.56 CAD
Cap Rate
9.25%
NOI
$158,856 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.99 AC
Frontage
132’ on Main Street
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- Mar 2033
Family Dollar began in 1959 as a discount variety store chain and grew from a neighborhood retail concept into a nationwide business serving everyday shopping needs. The company focuses on affordable family essentials and carries food and beverages, paper products, health and beauty supplies, pet food, home products, apparel and accessories, seasonal goods, and electronics. Family Dollar supports convenient value shopping through national brands, private-label items, and digital savings tools across the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | Mar 2033 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $220,775 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$220,775 CAD
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Family Dollar | 771 Main St
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