638 Claxton Ave N - Supermarket FOR SALE
Elba, AL 36323 |
$1,200,000 USD
954-635-5151
638 Claxton Ave N
Elba, AL 36323
HIGHLIGHTS
- Food Giant benefits from being the only full-service grocery store within a 15-mile radius
- Tenant pays a low rent and has been at this location for 25 years
- Landlord responsibilities limited to roof, structure, and parking lot (new roof this year with 10-year warranty at a cost of $303,809)
- Sales of $7,382,285 ($357 PSF) and a rent-to-sales ratio of 1.49%
- Creditntell ranks this location the #1 Food Giant in the state in terms of visits PSF
FOR SALE DETAILS
PRICE
$1,200,000 USD
PRICE/SF
$58 USD /SF
CAP RATE
9.16%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Food Giant Supermarket
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1967
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.5 AC
LAND SF
65,340 SF
ZONING
-
APN/PARCEL ID
11-03-08-3-001-034.000
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954-635-5151
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954-635-5151
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