6354 Winchester Road - Supermarket FOR SALE


New Market, AL 35761
$2,321,244 USD
256-520-5000
6354 Winchester Road, New Market, AL for Sale
$2,321,244 USD
Supermarket - FOR SALE
1/1
null | 6.75% Cap Rate

6354 Winchester Road
New Market, AL 35761


HIGHLIGHTS

  • Dollar General Market!
  • 5% rent increase every 5 years including initial term
  • Located in the Huntsville, AL metro area

OVERVIEW

This store in New Market, Alabama has a 12,688 square foot building. The yearly rental income is $156,684. The CAP is 6.75% and the Sales Price is $2,321,244. New Market, Alabama is in the metro Huntsville market. New Market is located in the northern part of Alabama. New Market is in the Huntsville metro, which has over 500,000 people. There are over 4,000 vehicles per day here. This store opens May 5, 2025. I have other stores not "listed" as well. I have bump leases AND flat leases. If you need anything, please just let me know. MARKET STORE! NEW BUMP LEASE! I am blessed to represent the largest developer of Dollar General stores in the country. We build / sell between 70 - 100 stores a year for the past 20 years, so if you need one store or a bundle, we can do that. All of our stores are all brand new free standing stores with true NNN 15 year initial term leases. THIS LEASE IS THE NEW LEASE WITH BUMPS! Every 5 years during the initial 15 year term is a 5% rent increase.

FOR SALE DETAILS

PRICE

$2,321,244 USD

PRICE/SF

$183 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

Supermarket

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,834 SF

ZONING

-

APN/PARCEL ID

02-05-21-0-000-035.000

ASK ABOUT THIS PROPERTY

Jonathan BroadwayLHT Commercial Real EstateMore Info
256-520-5000

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Jonathan BroadwayLHT Commercial Real EstateMore Info
256-520-5000

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