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Dollar General 21236 Main St 9,156 SF Retail Building Ranburne, AL 36273 $525,000 ($57.34/SF) 8.27% Cap Rate

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EXECUTIVE SUMMARY

InCommercial Property Group is pleased to offer the opportunity to acquire this 9,000sqft single tenant investment property on a corner lot with high visibility. Priced at $567,262 with lease term remaining this location is located just down the road from the local elementary and high school.
This property is part of a 4 Dollar General property portfolio and can be purchased individually or as a portfolio.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,156 SF
Building Class
C
Year Built
2005
Price
$525,000
Price Per SF
$57.34
Cap Rate
8.27%
NOI
$43,440
Tenancy
Single
Building Height
1 Story
Building FAR
0.38
Lot Size
0.56 AC
Frontage
205’ on Main Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23-06-24-0-005-001.000
Land Assessment
$9,238
Improvements Assessment
$99,642
Total Assessment
$108,880
  • Listing ID: 32358825

  • Date on Market: 7/5/2024

  • Last Updated:

  • Address: 21236 Main St, Ranburne, AL 36273

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