Listed by J. P. King Auction Company
$1,325,353
Family Dollar Tree Combo - Cedar Bluff, AL
Details
Property Type Retail
Sub Type Shopping Center, Storefront
Square Footage 10,500
Cap Rate 8.5%
NOI $112,655
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Expiration 01/31/2033
Remaining Term 6.7
Stories 1
Lease Commencement 12/01/2022
Amazing Opportunity!
Marketing description
Family Dollar
3949 AL Hwy 9, Cedar Bluff, AL 35959
1) large concrete parking lot with virtually zero maintenance
J. P. King Auction Co., Inc. (Agent) and Seller have common shareholders.
Investment highlights
Financial Summary
Price: $778,151
Cap Rate: 8.5%
Building Size: 10,500 SF
Net Cash Flow: $112,655
Lease Summary
Lease Type: Double-Net (NN)
Lease Tenant: Family Dollar
Guarantor: Family Dollar Stores
Roof & Structure: Landlord Responsible
Lease Commencement Date: Dec. 1, 2022
Lease Expiration Date: Jan 31, 2033
Lease Term: 10
Years Rental Increases: $.50psf Every 5 Years Beginning in Options
Renewal Options: 5, 5 Year Options
Right of First Refusal: None
Listing Contacts
Listed by J. P. King Auction Company
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$112,655.00
$9,387.92/mo
Valuation Metrics
0
DSCR
8.5%
Cap Rate
8.5%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage Address
Is there information that looks off?
