16946 County Road 87 - Freestanding FOR SALE
Elberta, AL 36530 |
$2,481,630 USD
817-584-2000
16946 County Road 87
Elberta, AL 36530
HIGHLIGHTS
- 2025 Development Dollar General Market in Elberta, AL
- 15-Year Absolute NNN Lease — Rent Set to Commence June 2025
- Attractive 5% Rental Increases Every 5 Years
- 12,480 Square Foot Large Prototype Store That Can Accommodate a Larger Volume of Customers
- Limited Retail Competition — Primary Source of Retail Goods in the Area, the Only Dollar Store Within 4 Miles
- Healthy 5-Mile Demographics for a Dollar Store With 5,000+ Residents and Positive Growth Rate
FOR SALE DETAILS
PRICE
$2,481,630 USD
PRICE/SF
$199 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General Market
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront, Storefront Retail/Office, Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.49 AC
LAND SF
108,464 SF
ZONING
F1
APN/PARCEL ID
53-02-04-0-000-003.001
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817-584-2000
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817-584-2000
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