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5301 Summerville Rd
Phenix City, AL 36867
Walgreens · Retail Property For Sale
Investment Highlights
- Brand-new, 15-year Absolute NNN lease with no landlord obligations & 12, 5-year renewal options
- Top performing location that generates nearly $4 million dollars in sales (RX excluded) and ranks in the 74th percentile of most frequented locations
- Property sits on an out-pad of a Publix Supermarket which attracts over 875,00 visitors
- Investment-grade tenant (S&P: BBB)
- Located on the corner of Pierce Rd and Summerville Rd with exposure to 40,000 VPD
- The surrounding 1-mile radius has experienced a 32% growth since 2010
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.96 AC
Parking
75 Spaces (5.09 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 14-08-28-0-000-072.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $461,720 |
Property Taxes
Parcel Number
14-08-28-0-000-072.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$461,720
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