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Family Dollar Tree 21 Head Dr

10,500 SF Retail Building Cleveland, AL 35049 £1,138,363 (£108/SF) 7% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • New, successful combo store format.
  • Low rent PSF.
  • 3-mile HHI $52,682 (median); $63,106 (average).
  • 10+ year lease.
  • VPD on Hwy. 160 = 5,050.
  • Investment grade credit tenant. E-commerce and pandemic resistant tenant.

EXECUTIVE SUMMARY

10+ year lease. Investment grade credit tenant. E-commerce resistant tenant. Low rent PSF.

ATTACHMENTS

17825 AL-Cleveland AL Flyer - 09.06.2023 - optimized

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,500 SF
Building Class
B
Year Built
2022
Price
£1,138,363
Price Per SF
£108
Net Initial Yield
7%
NOI
£79,682
Tenancy
Single
Number of Floors
1
Building FAR
0.16
Lot Size
1.47 AC
Zoning
COMMERCIAL - Commercial
Parking
28 Spaces (2.67 Spaces per 1,000 SF Leased)
Frontage
227 ft on Alabama 79
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 14-06-13-0-000-077.001
  • 15-04-18-0-003-021.015
  • 15-04-18-0-003-021.009
 Improvements Assessment £340,423
Land Assessment £46,070 Total Assessment £386,493

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14-06-13-0-000-077.001
  • 15-04-18-0-003-021.015
  • 15-04-18-0-003-021.009
Land Assessment
£46,070
Improvements Assessment
£340,423
Total Assessment
£386,493
(843) 973-8283

CONTACT

  • Listing ID: 25684626

  • Date on Market: 11/05/2022

  • Last Updated:

  • Address: 21 Head Dr, Cleveland, AL 35049

The Retail Property at 21 Head Dr, Cleveland, AL 35049 is currently available for sale. Contact Twin Rivers Capital, LLC for more information.

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21 Head Dr, Cleveland, AL for sale Primary Photo- Image 1 of 4
FDT Cover Photo (Rep)
21 Head Dr, Cleveland, AL for sale Building Photo- Image 2 of 4
17825 AL-Cleveland AL Flyer 02182210
21 Head Dr, Cleveland, AL for sale Building Photo- Image 3 of 4
17825 AL-Cleveland AL Flyer 0218226

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Family Dollar Tree | 21 Head Dr
(843) 973-8283 x

Family Dollar Tree | 21 Head Dr

Joe Boyd

(843) 973-8283

(843) 973-8283

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