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1009 Gateway Dr
Phenix City, AL 36869
Family Dollar · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2005 built to suit construction for Family Dollar
- 10-mile population of 248,056 residents
- 5-mile population of 75,290 residents
- Tenant has exercised multiple options, showing a long-term commitment to the site
EXECUTIVE SUMMARY
Traffic counts in excess of 35,000 VPD. Healthy Rent-to-Sales ratio of 4.78% – contact agent for more details. Phenix City is on the border of Alabama and Georgia. Four, 5-Year options, all of which include attractive rental increases.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
C
Year Built
2005
Price
$1,093,414
Price Per SF
$119.11
Cap Rate
7.85%
NOI
$85,833
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.36 AC
Zoning
O
Frontage
295’ on Gateway Dr
PROPERTY TAXES
| Parcel Number | 05-08-28-04-004-015.000 | Improvements Assessment | $131,840 |
| Land Assessment | $35,680 | Total Assessment | $167,520 |
PROPERTY TAXES
Parcel Number
05-08-28-04-004-015.000
Land Assessment
$35,680
Improvements Assessment
$131,840
Total Assessment
$167,520
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