Property History
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Marketing Description
Great commercial building on high traffic count Hwy 98. This building was the former home of J Miller Furniture. It has been nicely renovated. appx 9000 sf open showroom and 3000 sf of warehouse/supply room. Very attractive exterior. Has a roll up door on the north side for easy access. The building is located on the service road for easy in and out.
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Marketing Description
Stan Johnson Company is pleased to offer for sale to qualified investors, the opportunity to purchase a fee simple interest in the Dollar Tree property located at 25297 US Highway 98, Daphne, AL 32428. Dollar Tree is operating under a NN lease with little landlord responsibility, allowing investors the opportunity to acquire a passive asset with 7 years of base term remaining. The lease features rent increases in each of the 3, 5-year option periods. The lease is fully guaranteed by Dollar Tree, Inc., a publicly traded entity.
Investment Highlights
- Top Ranked National Tenant
- Strong Corporate Guarantee
- Essential Retailer - Recession Proof
- Brand New 7-Year Lease | Recent Improvements
- Superior Visibility | Great Location
- Great Demographics
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Contact Information
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Ownership Information
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Listing removed on
BY:
Philip Hodgson
•••.•••.5036
••••gson@•••••••••••••••.com
Sold on
BY:
Jim Gibson PRO
•••.•••.3440
••••bson@•••••••••.com
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