Duluth Trading Company | 100 Angry Beaver Way
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Duluth Trading Company 100 Angry Beaver Way
15,656 SF 100% Leased Retail Building Madison, AL 35758 £3,906,507 (£250/SF) 8% Net Initial Yield
Investment Highlights
- Long-Term Double Net Lease (NN) Over 9 years of term remaining with four, five year options.
- Attractive Rental Increases Subject to rental increases of 10% every 5 years.
- Strong Corporate Guarantee This lease is guaranteed by Duluth Holdings Inc which has over 60 locations nationwide with a goal of continued growth.
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Duluth
Trading Company located at 100 Angry Beaver Way, Madison, AL
35758. The site consists of roughly 15,656 rentable square feet of
building space on an estimated 2.34-acre parcel of land. This
Duluth Trading Company is subject to a 15-year Double Net (NN)
lease, which commenced 6/1/2019. The current annual rent is
$396,097 and has scheduled increases of 10.00% Every 5 Years.
Trading Company located at 100 Angry Beaver Way, Madison, AL
35758. The site consists of roughly 15,656 rentable square feet of
building space on an estimated 2.34-acre parcel of land. This
Duluth Trading Company is subject to a 15-year Double Net (NN)
lease, which commenced 6/1/2019. The current annual rent is
$396,097 and has scheduled increases of 10.00% Every 5 Years.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
15,656 SF
Building Class
B
Year Built
2019
Price
£3,906,507
Price Per SF
£250
Net Initial Yield
8%
NOI
£312,521
Percent Leased
100%
Number of Floors
1
Building FAR
0.15
Land Acres
2.34 AC
Zoning
Commercial
Parking
95 Spaces (6.07 Spaces per 1,000 SF Leased)
Frontage
135 ft on Graphics Drive
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £2,150,656 | |
| Land Assessment | £422,762 | Total Assessment | £2,573,418 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£422,762
Improvements Assessment
£2,150,656
Total Assessment
£2,573,418
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Power Broker Glen Kunofsky -
Alexandre Marietto -
Kyle Karsian -
Walker Stevens -
John McHugh -
NNN Pro Group
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Duluth Trading Company | 100 Angry Beaver Way
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