9747 Hwy 18 - Freestanding FOR SALE


Vernon, AL 35592
$1,664,444 USD
843-973-8283
9747 Hwy 18, Vernon, AL for Sale
$1,664,444 USD
Freestanding - FOR SALE
1/4
null | 6.75% Cap Rate

9747 Hwy 18
Vernon, AL 35592


HIGHLIGHTS

  • 10,500 SF building (Family Dollar typical prototype is 8,320 SF).
  • 10 year lease.
  • Investment grade credit tenant. Recession and pandemic resistant tenant.
  • Near Vernon City Hall, national and local businesses, adjacent to new O'Reilly Auto Parts.
  • Relocation of existing high performance Family Dollar - store trending 2x chain average sales!

OVERVIEW

- Relocation of existing high performance Family Dollar - store trending 2x chain average sales! - 10 yr lease - 10,500± SF store

FOR SALE DETAILS

PRICE

$1,664,444 USD

PRICE/SF

$159 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

B-1

APN/PARCEL ID

40-11-05-16-4-002-047.000, 40-11-05-16-4

ASK ABOUT THIS PROPERTY

Joe BoydTwin Rivers Capital, LLCMore Info
843-973-8283

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Joe BoydTwin Rivers Capital, LLCMore Info
843-973-8283

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