Birmingham, AL MSA | NN Family Dollar Tree | 3200 Main St
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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
- 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
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
Parcel Number | 07-08-34-0-001-121.000 | Improvements Assessment | £884 |
Land Assessment | £1,736 | Total Assessment | £2,619 |
PROPERTY TAXES
Parcel Number
07-08-34-0-001-121.000
Land Assessment
£1,736
Improvements Assessment
£884
Total Assessment
£2,619
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Birmingham, AL MSA | NN Family Dollar Tree | 3200 Main St
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