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Family Dollar Tree 9747 Hwy 18 10,500 SF Retail Building Vernon, AL 35592 $1,664,444 ($158.52/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- 10,500 SF building (Family Dollar typical prototype is 8,320 SF).
- Investment grade credit tenant. Recession and pandemic resistant tenant.
- Relocation of existing high performance Family Dollar - store trending 2x chain average sales!
- 10 year lease.
- Near Vernon City Hall, national and local businesses, adjacent to new O'Reilly Auto Parts.
EXECUTIVE SUMMARY
- Relocation of existing high performance Family Dollar - store trending 2x chain average sales!
- 10 yr lease
- 10,500± SF store
- 10 yr lease
- 10,500± SF store
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,500 SF
Year Built
2022
Price
$1,664,444
Price Per SF
$158.52
Cap Rate
6.75%
NOI
$112,350
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.30 AC
Opportunity Zone
Yes
Zoning
B-1 - Business
Parking
32 Spaces (3.05 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Air Conditioning
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Family Dollar Tree | 9747 Hwy 18
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