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Family Dollar Henagar, AL 16996 Broad St 10,500 SF Retail Building Henagar, AL 35978 $1,648,900 ($157.04/SF) 6.75% Cap Rate
Investment Highlights
- 10+ year lease.
- Ultra-successful combo store format.
- Hard corner, access to both roads.
- Investment grade, recession-proof, e-commerce resistant tenant.
- VPD on AL-75 = 4,940; AL-40 = 4,450.
Executive Summary
10+ year lease. Investment grade, recession-proof, e-commerce resistant tenant. VPD on AL-75 = 4,940; AL-40 = 4,450. Hard corner, access to both roads.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,500 SF
Building Class
C
Year Built
2022
Price
$1,648,900
Price Per SF
$157.04
Cap Rate
6.75%
NOI
$111,300
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.99 AC
Zoning
B-1 - Business
Parking
36 Spaces (2.67 Spaces per 1,000 SF Leased)
Frontage
408’ on Bellview Road
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Number | 09-03-06-0-001-024.001 | Improvements Assessment | $194,100 |
| Land Assessment | $7,240 | Total Assessment | $201,340 |
Property Taxes
Parcel Number
09-03-06-0-001-024.001
Land Assessment
$7,240
Improvements Assessment
$194,100
Total Assessment
$201,340
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Family Dollar Henagar, AL | 16996 Broad St
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