25 Circle Dr - Convenience Store FOR SALE


Rockford, AL 35136
$407,273 USD
404-475-9000
25 Circle Dr, Rockford, AL for Sale
$407,273 USD
Convenience Store - FOR SALE
1/1
null | 8.25% Cap Rate

25 Circle Dr
Rockford, AL 35136


OVERVIEW

*Single Tenant Freestanding Dollar General *Recent 5-year Early Extension, showing Strong Commitment to the Site and Tenant’s 3rd Time Extending at this Site *Extremely low rent per square foot at $4.14 psf increasing the likelihood of renewal *Three (3) – Five (5) Year Option Periods with Rental Increases in each option period *21 Years of Operating History at this location *Limited Competition in Immediate Surrounding Market Should Equate to Strong Store Sales Performance *Average Household Income exceeds $81,673 Within a 3- Mile Radius of Site *Conveniently located 42 miles north of Montgomery, AL

FOR SALE DETAILS

PRICE

$407,273 USD

PRICE/SF

$50 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General-Low Price Point-Avg HHI $81K

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

1.87 AC

LAND SF

81,457 SF

ZONING

O

APN/PARCEL ID

13-06-24-1-002-006.0020

ASK ABOUT THIS PROPERTY

Bill WeitzenkornSWE Realty, LLCMore Info
404-475-9000

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Bill WeitzenkornSWE Realty, LLCMore Info
404-475-9000

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