Dollar Tree | Family Dollar - Evergreen, AL 450 W Front St 14,452 SF Retail Building Evergreen, AL 36401 $700,000 ($48.44/SF) 10.64% Cap Rate
INVESTMENT HIGHLIGHTS
- Well-Positioned Retail Asset Featuring a 14,452 SF Building, Situated on a 1.8-Acre Lot With 30 Dedicated Parking Spaces
- Current Rent at $5.20 Per Square Foot, Providing a Strong Value Proposition With Potential For Future Rent Growth
- Rare Opportunity Which Includes a License to Sell Alcoholic Beverages - Which is a Major Value-Add For Any Retail Location
- Located on Evergreen’s Main Retail Corridor, Surrounded By National and Regional Retailers Including Dollar General, Marathon Gas, CVS
- Renovated in 2021 For Family Dollar/Dollar Tree, Including a New Paint Job, HVAC Upgrades, Roof Restoration, and an Elevated Rear Loading Dock
- Five Option Periods Remaining With Fixed Rental Increases in Each
EXECUTIVE SUMMARY
Introducing a Prime retail Opportunity in Evergreen, AL. This Expansive 14,632 SF Building is Perfectly Positioned in the Heart of the Evergreen Area, Offering Ample Space For Retail Endeavors. Boasting a Strategic Location, This Property Presents Immense Potential For a Variety of Retail or Street Retail Ventures. With a Generous Square Footage and a Desirable Location, This Property Provides an Ideal Canvas For Retail Investors to Create a Thriving Commercial Space. Don't Miss the Chance to Capitalize on this Exceptional Property in the Vibrant Evergreen Area.
BoR: Andrew Ackerman - Lic. AL #1089690
BoR: Andrew Ackerman - Lic. AL #1089690
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
14,452 SF
Building Class
C
Year Built
2021
Price
$700,000
Price Per SF
$48.44
Cap Rate
10.64%
NOI
$74,480
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.80 AC
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Dollar Tree, Family Dollar
- Retailer
- 14,452 SF
- $5.15
- Jun 2026
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Dollar Tree, Family Dollar | Retailer | 14,452 SF | $5.15 | Jun 2026 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 20-02-04-4-003-014.000 | Improvements Assessment | $4,160 |
| Land Assessment | $2,920 | Total Assessment | $7,080 |
CONTACTS
-
Samuel Rysedorph -
Ben Rysedorph -
Munir Meghjani -
Rahill Lakhani -
Sands Investment Group Atlanta, LLC
