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Birmingham, AL MSA | NN Family Dollar Tree 3200 Main St

10,500 SF 4-Star Retail Building Altoona, AL 35952 £1,420,833 (£135/SF) 7% Net Initial Yield

Investment Highlights

  • New construction
  • E-Com resistant tenant
  • New 10 year NN lease

Executive Summary

- 10,500± SF building on 1.71± AC
- New construction
- Hybrid Family Dollar Tree store concept, which has 20% higher sales than traditional models
- 10 year NN lease
- E-Com resistant tenant
- Main intersection at Main Street and Highway 41 in Altoona, AL

Property Facts

Sale Type
Investment
Sale Condition
Design & Build
Property Type
Retail
Property Subtype
Storefront
Building Size
10,500 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
£1,420,833
Price Per SF
£135
Net Initial Yield
7%
NOI
£99,458
Tenancy
Single
Number of Floors
1
Building FAR
0.54
Land Acres
0.45 AC
Zoning
Commercial - Commercial
Parking
27 Spaces (2.57 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-08-34-0-001-121.000
Land Assessment
£1,736
Improvements Assessment
£884
Total Assessment
£2,619
  • Listing ID: 31159392

  • Date on Market: 08/03/2024

  • Last Updated:

  • Address: 3200 Main St, Altoona, AL 35952

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