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Family Dollar Tree 9747 Hwy 18

10,500 SF Retail Building Vernon, AL 35592 £1,302,344 (£124/SF) 6.75% Net Initial Yield

Investment Highlights

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

Executive Summary

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

Attachments

9747 Hwy 18 Vernon AL Flyer - 12.15.2023 - optimized

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,500 SF
Year Built
2022
Price
£1,302,344
Price Per SF
£124
Net Initial Yield
6.75%
NOI
£87,908
Tenancy
Single
Number of Floors
1
Building FAR
0.19
Lot Size
1.30 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B-1 - Business
Parking
32 Spaces (3.05 Spaces per 1,000 SF Leased)

Links

1 of 1
(843) 973-8283

Contact

  • Listing ID: 25177677

  • Date on Market: 04/03/2022

  • Last Updated:

  • Address: 9747 Hwy 18, Vernon, AL 35592

1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

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9747 Hwy 18, Vernon, AL for sale Building Photo- Image 1 of 5
FDT Cover Photo (Rep)
9747 Hwy 18, Vernon, AL for sale Building Photo- Image 2 of 5
9747 Hwy 18 Vernon AL Flyer 030422 V311
9747 Hwy 18, Vernon, AL for sale Site Plan- Image 3 of 5
9747 Hwy 18 Vernon AL Flyer 030422 V36
9747 Hwy 18, Vernon, AL for sale Other- Image 4 of 5
9747 Hwy 18 Vernon AL Flyer 030422 V37

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© 2024 CoStar Group

Family Dollar Tree | 9747 Hwy 18
(843) 973-8283 x

Family Dollar Tree | 9747 Hwy 18

Joe Boyd

(843) 973-8283

(843) 973-8283

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