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Family Dollar 15870 County Road 59 10,500 SF Retail Building Woodland, AL 36280 $1,340,294 ($127.65/SF) 8.50% Cap Rate
Investment Highlights
- 2022 build to suit Family Dollar Tree
- Corporately guaranteed lease
- The subject property comes with a 20-year roof warranty
- ±6.5 years remaining on an initial 10-year lease
- Rent increases of $5,250 ($0.50 / SF) in all five, 5-year options
Executive Summary
BROKER OF RECORD
KYLE MATTHEWS
LIC # 000110253 - 0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
KYLE MATTHEWS
LIC # 000110253 - 0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
10,500 SF
Building Class
C
Year Built
2022
Price
$1,340,294
Price Per SF
$127.65
Cap Rate
8.50%
NOI
$113,925
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
39.00 AC
Property Taxes
| Parcel Number | 07-03-08-0-000-016-0000 | Improvements Assessment | $10,940 |
| Land Assessment | $9,940 | Total Assessment | $20,880 |
Property Taxes
Parcel Number
07-03-08-0-000-016-0000
Land Assessment
$9,940
Improvements Assessment
$10,940
Total Assessment
$20,880
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Family Dollar | 15870 County Road 59
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