34356 Highway 43 | Thomasville, AL 36784
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34356 Highway 43
Thomasville, AL 36784
Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,664 SF
Building Class
C
Year Built/Renovated
1995/2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.71 AC
Zoning
530 (County Use) - Retail Store
ABOUT 34356 HIGHWAY 43 , THOMASVILLE, AL 36784
Newly renovated retail building located across from Wal-Mart on primary market corridor. Building and Building Systems were completely reconstructed/replaced in 2016. Recently executed brand new 5-year NNN lease with TCC, nation's largest Verizon retailer with more than 800 units across the country. This asset is priced at an initial cap rate of 10.29% and then stabilizes in year 3 for an average cap of 8.2% across the life of the lease.
PROPERTY TAXES
| Parcel Number | 1001111000041010 | Improvements Assessment | $37,500 |
| Land Assessment | $32,580 | Total Assessment | $70,080 |
PROPERTY TAXES
Parcel Number
1001111000041010
Land Assessment
$32,580
Improvements Assessment
$37,500
Total Assessment
$70,080
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