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3482 Crosswinds Rd
Phenix City, AL 36869
Renfroe's Market (Zero Cash Flow) · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
48,102 SF
Building Class
C
Year Built
2018
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
34.14 AC
Zoning
C-4 - Highway Commercial
Parking
55 Spaces (1.14 Spaces per 1,000 SF Leased)
Frontage
1,302’ on Martin Luther King Dr
Amenities
- Pylon Sign
- Signalized Intersection
About 3482 CROSSWINDS RD , PHENIX CITY, AL 36869
Stan Johnson Company is pleased to exclusively offer for sale the fee simple interest in the newly constructed 40,702 SF Renfroe’s Market retail grocery property located in Phenix City, Alabama. The property is backed by a new 25-year, absolute net lease guaranteed by the City of Phenix City, Alabama (S&P AA-). As part of a planned economic development project the City is 100% responsible for lease performance throughout the 25-year term and has subleased the property to Renfroe’s Market. The asset is being offered with permanent, non-recourse, fullyamortizing financing that results in a zero cash flow structure to the investor.
Property Taxes
| Parcel Number | 05-08-33-02-002-001.001 | Improvements Assessment | $0 |
| Land Assessment | $95,580 | Total Assessment | $95,580 |
Property Taxes
Parcel Number
05-08-33-02-002-001.001
Land Assessment
$95,580
Improvements Assessment
$0
Total Assessment
$95,580
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