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Piggly Wiggly | Prattville, Alabama 701 E Main St 61,243 SF Retail Building Prattville, AL 36067 $5,816,300 ($94.97/SF) 6.75% Cap Rate
Investment Highlights
- Absolute NNN lease structure (no Landlord responsibilities)
- Newly remodeled store (former Winn-Dixie for 35+ years with strong sales)
- Signalized intersection with 20,000+ vehicles per day along E Main Street
- New, 12-year lease extension
- Priced well-below replacement costs (~$95 per square foot)
- E Main Street is the primary retail corridor (Bass Pro Shop, Walmart, Target, HD, Lowe's, Kohl's, Ross, TJ Maxx, Belk, Hobby Lobby, Rural King)
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
61,243 SF
Building Class
C
Year Built/Renovated
1983/2025
Price
$5,816,300
Price Per SF
$94.97
Cap Rate
6.75%
NOI
$392,600
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
5.64 AC
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-02-09-4-007-054-003-0 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $740,400 |
Property Taxes
Parcel Number
19-02-09-4-007-054-003-0
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$740,400
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