602 N Walnut Ave | Demopolis, AL 36732
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- LoopNet Team
602 N Walnut Ave
Demopolis, AL 36732
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2023 build-to-suit construction for Dollar General
- Ranks in the top 25% of all Dollar General stores (Placer.ai)
- Larger Dollar General PLUS prototype (10,831 SF building)
- 15-Year Absolute NNN lease (rent commencement of May 2023)
- 5% rental increases every 5-years for the life of the lease
- Zero landlord management responsibilities
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,831 SF
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.01 AC
Frontage
152’ on CEDAR AVE
PROPERTY TAXES
| Parcel Number | 02-06-24-4-005-003-0000 | Improvements Assessment | $29,800 |
| Land Assessment | $11,000 | Total Assessment | $40,800 |
PROPERTY TAXES
Parcel Number
02-06-24-4-005-003-0000
Land Assessment
$11,000
Improvements Assessment
$29,800
Total Assessment
$40,800
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