101 Chestnut Byp | Centre, AL 35960
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- LoopNet Team
101 Chestnut Byp
Centre, AL 35960
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN CVS with No Landlord Responsibilities: Situated at the Highly Trafficked Signalized Intersection of Chestnut Bypass and Cedar Bluff Rd
- Corporate Guarantee: Lease Corporately Guaranteed by CVS (S&P Rating of BBB)
- Low, Replaceable Rent: Rent is Just $16.49 Providing Additional Asset Security
- Strategic Location with No Major Competition: No Walgreens or CVS Competition within a 15 Mile Radius
- Extended Lease Term: Free Rent Period in the Final Three Lease Years with Seller to Credit Buyer the Value of Three Rent Years at Closing
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,125 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.75 AC
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $196,500 | |
| Land Assessment | $14,100 | Total Assessment | $210,600 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$14,100
Improvements Assessment
$196,500
Total Assessment
$210,600
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