Dollar Tree
10,000 SF | Retail Building | Tuscaloosa, AL 35401 | $1,984,286 ($198/SF) | 7% Cap Rate
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
Asking Price $1,984,286
- Property Type
-
Retail
- Square Feet
- 10,000 SF
- Price / Square Foot
- $198
Listing Contacts
Alex Van Krevel
Verified Profile
Noah Dewhirst
Verified Profile
- Property Info
Property Overview
• Brand New 2024 Construction
• 10 Year NNN Lease Guaranteed by Dollar Tree Stores, Inc (S&P BBB Credit)
• Rent is 50% below market at $13.89/sf, providing Buyer significant longterm upside to enhance rental income in the event of a vacancy in 2034
• Direct Accessibility and Frontage to 13,733 Vehicles Per Day
• Dual Access from HWY-43 S and Clinton Dr
• Located in the 2nd densest neighborhood (4,388/Square Mile) in Tuscaloosa, following University of Alabama’s campus (less than 2.5 miles to the NE)
• Trending Demographics with Population Growing at 16.5x the National Average (2022)
• 750 feet from a 700-acre industrial park, with roughly 2,500 employee between Michelin Tire Plant, Hunt Refinery, Gaylord Chemical and more
• Directly adjacent to Stillman College (roughly 800 students and faculty
• 10 Year NNN Lease Guaranteed by Dollar Tree Stores, Inc (S&P BBB Credit)
• Rent is 50% below market at $13.89/sf, providing Buyer significant longterm upside to enhance rental income in the event of a vacancy in 2034
• Direct Accessibility and Frontage to 13,733 Vehicles Per Day
• Dual Access from HWY-43 S and Clinton Dr
• Located in the 2nd densest neighborhood (4,388/Square Mile) in Tuscaloosa, following University of Alabama’s campus (less than 2.5 miles to the NE)
• Trending Demographics with Population Growing at 16.5x the National Average (2022)
• 750 feet from a 700-acre industrial park, with roughly 2,500 employee between Michelin Tire Plant, Hunt Refinery, Gaylord Chemical and more
• Directly adjacent to Stillman College (roughly 800 students and faculty
Property Details
- Class
- B
- Year Built
- 2024
- Stories
- 1
- Lot Size (sq. ft)
- 128,938 SF
Highlights
- Brand New 2024 Construction
- 10 Year NNN Lease Guaranteed by Dollar Tree Stores, Inc (S&P BBB Credit)
- Direct Accessibility and Frontage to 13,733 Vehicles Per Day
- Dual Access from HWY-43 S and Clinton Dr
- Located in the 2nd densest neighborhood (4,388/Square Mile) in Tuscaloosa
- Trending Demographics with Population Growing at 16.5x the National Average (2022)
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].