Retail Space /AL /De Kalb County /Sylvania /22679 Al Highway 75
Retail Space /AL /De Kalb County /Sylvania /22679 Al Highway 75

22679 Al Highway 75 - Freestanding FOR SALE


Sylvania, AL 35988 | 
$1,150,242 USD
817-800-5058
22679 Al Highway 75, Sylvania, AL for Sale
$1,150,242 USD
Freestanding - FOR SALE
1/3
null | 7.75% Cap Rate
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22679 Al Highway 75
Sylvania, AL 35988

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HIGHLIGHTS

  • Very low $9.89 per square foot rental rate assures the tenant of affordable and sustainable rental payments
  • Fifteen years of continual occupancy
  • No local dollar store competition
  • Tenant extended their first renewal option two years early at the contractual 10% rental increase

OVERVIEW

Dollar General exercised their first five (5) year renewal option two years early at the contracted 10% rental increase providing more than five years of remaining lease term.

FOR SALE DETAILS

PRICE

$1,150,242 USD

PRICE/SF

$128 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

COM

APN/PARCEL ID

08-08-33-0-001-001.054

ASK ABOUT THIS PROPERTY

Bill BehrTranswestern Real Estate ServicesMore Info
817-800-5058

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Bill BehrTranswestern Real Estate ServicesMore Info
817-800-5058

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

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