450 W Front St - Convenience Store FOR SALE


Evergreen, AL 36401
$700,000 USD
404-459-6264
450 W Front St, Evergreen, AL for Sale
$700,000 USD
Convenience Store - FOR SALE
1/4
null | 10.64% Cap Rate

450 W Front St
Evergreen, AL 36401


HIGHLIGHTS

  • Well-Positioned Retail Asset Featuring a 14,452 SF Building, Situated on a 1.8-Acre Lot With 30 Dedicated Parking Spaces
  • Located on Evergreen’s Main Retail Corridor, Surrounded By National and Regional Retailers Including Dollar General, Marathon Gas, CVS
  • Current Rent at $5.20 Per Square Foot, Providing a Strong Value Proposition With Potential For Future Rent Growth
  • Renovated in 2021 For Family Dollar/Dollar Tree, Including a New Paint Job, HVAC Upgrades, Roof Restoration, and an Elevated Rear Loading Dock
  • Rare Opportunity Which Includes a License to Sell Alcoholic Beverages - Which is a Major Value-Add For Any Retail Location
  • Five Option Periods Remaining With Fixed Rental Increases in Each

OVERVIEW

Introducing a Prime retail Opportunity in Evergreen, AL. This Expansive 14,632 SF Building is Perfectly Positioned in the Heart of the Evergreen Area, Offering Ample Space For Retail Endeavors. Boasting a Strategic Location, This Property Presents Immense Potential For a Variety of Retail or Street Retail Ventures. With a Generous Square Footage and a Desirable Location, This Property Provides an Ideal Canvas For Retail Investors to Create a Thriving Commercial Space. Don't Miss the Chance to Capitalize on this Exceptional Property in the Vibrant Evergreen Area. BoR: Andrew Ackerman - Lic. AL #1089690

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$50 USD /SF

CAP RATE

10.64%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree | Family Dollar - Evergreen, AL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,408 SF

ZONING

-

APN/PARCEL ID

20-02-04-4-003-014.000

ASK ABOUT THIS PROPERTY

Samuel RysedorphSands Investment Group Atlanta, LLCMore Info
404-459-6264

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Samuel RysedorphSands Investment Group Atlanta, LLCMore Info
404-459-6264

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