397 Main St NW - Storefront FOR SALE
Hanceville, AL 35077 |
397 Main St NW
Hanceville, AL 35077
HIGHLIGHTS
- New Development Tractor Supply - Rent Projected to Commence Summer 2025
- 15-Year Corporately Guaranteed Lease - Almost 2,300 Locations Across the United States
- Large 5.8 Acre Parcel
- Located Along the Main Thoroughfare in Hanceville - HWY 31 With Over 13,000 Vehicles Per Day Passing in Front of the Subject Property
- Rental Increases Throughout the Primary Term of the Lease - Every 5 Years
- Investment Grade Tenant - BBB From S&P and Baa1 From Moody's - Market Cap of $26B
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Freestanding, Garden Center, Supermarket
TOTAL BUILDING SIZE
21930
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
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LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
23-04-20-0-003-015.000
