1856 Lakemont Dr S | Southside, AL 35907
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1856 Lakemont Dr S
Southside, AL 35907
Dollar General · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-term lease in place, investors can benefit from a stable and predictable income stream, ideal for passive investment
- 5.5 Years Remaining of Original 15-Year Lease with five, five-year options which include rental escalators
- The absolute NNN lease structure shifts operating expense responsibilities to the tenant, minimizing landlord obligations
- Located next to Coosa River, a 600-mile river that leads directly into the Gulf of Mexico. Each year , lake visitors spend +/-$145 million locally
- Strategically located in Southside, Alabama, a growing city known for its strong community ties and economic stability.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.10 AC
Parking
29 Spaces (3.19 Spaces per 1,000 SF Leased)
Frontage
98’ on Lakemont Dr
PROPERTY TAXES
| Parcel Number | 21-09-31-0-001-065.000 | Improvements Assessment | $139,400 |
| Land Assessment | $9,180 | Total Assessment | $148,580 |
PROPERTY TAXES
Parcel Number
21-09-31-0-001-065.000
Land Assessment
$9,180
Improvements Assessment
$139,400
Total Assessment
$148,580
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