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New 10 Year Net Leased Family Dollar 13949 Bartow Lakes rd

10,500 SF Retail Building Duncanville, AL 35456 $1,678,467 ($160/SF) 6.85% Cap Rate

Retail Buildings Alabama Duncanville 13949 Bartow Lakes rd, Duncanville, AL 35456

Investment Highlights

  • New 10 Year Net Leased Family Dollar
  • Minimal Landlord Obligations
  • Scheduled Increases in Rent
  • Brand New Hybrid Store Concept
  • Corporate Guarantee
  • New Construction

Executive Summary

This is the opportunity to purchase a new 10 year net leased Family
Dollar in Duncanville, Alabama. The lease calls for minimal landlord
obligations. The tenant has six, 5 year options to renew and there are
scheduled increases in rent every 5 years and in each option. This
building was renovated as the latest dual branded format store offering
both Family Dollar/Dollar Tree merchandise. The site benefits from its
location on the corner of Bartow Lakes Boulevard with excellent visibility
and easy ingress/egress points.
In Association with Scott Reid & ParaSell, Inc. | A Licensed Alabama Broker #000127148-0

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,500 SF
Year Built
2023
Price
$1,678,467
Price Per SF
$160
Cap Rate
6.85%
NOI
$114,975
Tenancy
Single
Building Height
1 Story
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13949 Bartow Lakes rd, Duncanville, AL - aerial map view
(925) 231-1770

Contact

  • Listing ID: 29049263

  • Date on Market: 7/19/2023

  • Last Updated:

  • Address: 13949 Bartow Lakes rd, Duncanville, AL 35456

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New 10 Year Net Leased Family Dollar | 13949 Bartow Lakes rd
(925) 231-1770 x

New 10 Year Net Leased Family Dollar | 13949 Bartow Lakes rd

Jacob Abusharkh

(925) 231-1770

(925) 231-1770

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