Aaron's (Phenix City, AL)

8,000 SF | Retail Building | Phenix City, AL 36867 | $1,680,967 ($210/SF) | 8% Cap Rate

Asking Price $1,680,967

Property Type: Retail
Square Feet: 8,000 SF
Price / Square Foot: $210

Listing Contacts

Harry Archer

Verified Profile

Property Info

Property Overview

Sands Investment Group is Pleased to Exclusively Offer for Sale an 8,000 SF Aaron's Located at 1131 East 280 Bypass in Phenix City, AL. This Deal Includes a Corporately-Guaranteed Investment Property Located on a Freestanding Building With Minimal Landlord Responsibilities That Provides an Excellent Opportunity For a 1031 Exchange, Providing For a Secured Investment.

BoR: Andrew Ackerman - Lic. AL #1089690

Property Details

Year Built: 2006
Stories: 1
Property Subtype: Storefront, Freestanding, Storefront Retail/Office
Lot Size (sq. ft): 60,984 SF

Highlights

This Location Has Operated Successfully as an Aaron’s Since the Building Was Constructed Specifically For the Business’s Purpose in 2006
This 8,000 SF Building Sits on a 1.40 Acre Parcel Strategically Located in Phenix City’s Primary Retail Corridor
Corporately-Guaranteed Investment Property: The Aaron's Company, Inc. (NYSE: AAN) is a Leading, Technology-Enabled
Positive Performance: Highly Rating Location on Google Reviews! The Company’s Q4 2022 Revenues Alone Were $589.6 Million
No Renewal Options Moving Forward Beyond November 2026 Offers an Investor the Ability to Raise Rents & Restructure the Lease
Freestanding Building With Minimal Landlord Responsibilities Provides an Excellent Opportunity For a 1031 Exchange

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