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Family Dollar 913 1st St SW 10,890 SF Retail Building Childersburg, AL 35044 $500,000 ($45.91/SF) 10% Cap Rate
Investment Highlights
- 44% Increase at Option - In 1.5 years, the tenant has a 44% escalation, which turns a 10% CAP to a 14.26% CAP.
- $46/FT - This property is priced below construction cost - an investor couldn’t replace this building for the list price.
- Commitment to this Location: Family Dollar has operated at this property for 44 years meaning its a staple in the community. Customer loyalty results
Executive Summary
CONTACT RYAN DAY: 689-666-9546; rd@stnl.com
STNL.com is pleased to present this 100% fee simple STNL Family Dollar in Childersburg, AL, located 30 miles outside of Birmingham, AL. Four reasons to acquire this property include:
44% Increase at Option - In two years, the tenant has a 44% escalation, which turns a 10% CAP to a 14.26% CAP.
Commitment to this Location: Family Dollar has operated at this property for 44 years meaning its a staple in the community. Customer loyalty results in strong sales and tenant longevity.
$46/FT - This property is priced below construction cost - an investor couldn’t replace this building for the list price.
25,000 Cars/Day - The property sits along the most traveled thoroughfare in the market, resulting in higher sales and a greater likelihood of tenant renewal.
Property Facts
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 22-04-20-2-010-001.000 | Improvements Assessment | $29,220 |
| Land Assessment | $6,940 | Total Assessment | $36,160 |
Property Taxes
Presented by
Family Dollar | 913 1st St SW
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