7248 Hustleville Rd - Supermarket FOR SALE


Albertville, AL 35951
$1,408,996 USD
256-520-5000
7248 Hustleville Rd, Albertville, AL for Sale
$1,408,996 USD
Supermarket - FOR SALE
1/1
null | 6.5% Cap Rate

7248 Hustleville Rd
Albertville, AL 35951


HIGHLIGHTS

  • NNN 15 year initial term lease with 5 - 5 year options
  • 6.5% CAP
  • 10% rent increase at each option period

OVERVIEW

This store in Albertville, AL opened Nov 20, 2022 with a 15 year initial term lease with 5 - 5 year options. There is a 10% rent increase at each option period. The monthly rental income is $7,632.06 with a yearly rental income of $91,584.72 The offering CAP is 6.5% and the Sales Price is $1,408,996. Albertville is located in northeastern part of Alabama in Marshall County. There are around 22,000 people that live in Albertville. Dollar General store # 24230 7248 Hustleville Road Albertville, AL 35951

FOR SALE DETAILS

PRICE

$1,408,996 USD

PRICE/SF

$132 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

-

APN/PARCEL ID

16-02-09-0-000-007.001,160308-0-000-001000

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.