5301 Summerville Rd | Phenix City, AL 36867
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- LoopNet Team
5301 Summerville Rd
Phenix City, AL 36867
Walgreens · Retail Property For Sale
Investment Highlights
- Brand-new, 15-year Absolute NNN lease with no landlord obligations & 12, 5-year renewal options
- Top performing location that generates nearly $4 million dollars in sales (RX excluded) and ranks in the 74th percentile of most frequented locations
- Property sits on an out-pad of a Publix Supermarket which attracts over 875,00 visitors
- Investment-grade tenant (S&P: BBB)
- Located on the corner of Pierce Rd and Summerville Rd with exposure to 40,000 VPD
- The surrounding 1-mile radius has experienced a 32% growth since 2010
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.82 AC
Parking
76 Spaces (5.13 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 14-08-28-0-000-072.000 | Improvements Assessment | $461,720 |
| Land Assessment | $220,000 | Total Assessment | $681,720 |
PROPERTY TAXES
Parcel Number
14-08-28-0-000-072.000
Land Assessment
$220,000
Improvements Assessment
$461,720
Total Assessment
$681,720
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